“American Law Firms Confront a Less Gilded Future” ran the title of an Economist profile. This pessimism reflects the prevailing view among commentators, and the mood among lawyers tends toward wistful resignation. Many lament the passing of some hypothesized happier era when law was more a profession than a business. In the current legal marketplace, competition and commercialization are on the rise, while civility and collegiality appear headed in the opposite direction. Yet while the stresses of practice seem likely to increase, the bar has shown little sign of being able to alter those dynamics or reshape its future.
This chapter explores the causes and consequences of recent trends in the American legal profession. It gives particular focus to lawyers in midsize and large firm practice, because they are the leading edge of the bar, and they exercise the greatest influence over the conditions of its workplace. However, many of the dynamics described have broader application and pose challenges for the profession as a whole. Not all of these trends in legal practice are unique to law. Some are a function of broader market and societal forces. But whatever the causes, lawyers have a stake in exercising greater control over the conditions that affect their professional lives.
The Drivers of Change
Size
One of the most significant changes in the contemporary legal profession is the increase in its size and scale of practice. In 1960, the . . .