Law Firms Pull in the Reins on Headcount Growth
According to National Law Journal 500 data issued Thursday, the growth in the number of attorneys at the 500 biggest law firms in the United States quickened as legal sector income surged in 2024.
Overall, there were 5.5% more lawyers in NLJ 500 firms in 2024 than there were in 2023. Additionally, the NLJ 500 cohort’s average business size increased from 376 to 396, a 5.6% increase.