Firms, especially big, global Am Law firms, try to think about how to be recession- and downturn-proof with more balanced practices.
—David Walden, managing director of legal recruiter E.P. Dine, tells Law.com what he believes Biglaw’s strategic vision will be for the coming year. He says corporate restructuring, bankruptcy, finance, some litigation and intellectual property will be the hot practice areas in 2020. He said, “These all tend to be, as far as practice areas, in even higher demand now than they have been in the last 10 years due to expansive economies.” He also pointed to health care, data privacy and insurance spaces as areas with room for growth. Walden also noted that the practice areas likely to see a slow down are transactional and M&A.
Kathryn Rubino is a Senior Editor at Above the Law, and host of The Jabot podcast. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).