Large Law Firms Made Modest Gains Last Year

Wall Street Journal (Link to Full Article) Big law firms notched modest overall financial gains in 2013, with standout results from a handful of elite competitors in sharp contrast to lackluster outcomes across the broader industry...

Those big global firms tend to have more offices and provide a broader range of services than their elite peers, making it harder to achieve economies of scale, said Michael B. Rynowecer, president of BTI Consulting Group Inc.