2023 Legal Trends for Mid-Sized Law Firms

Running a mid-sized law firm comes with unique challenges. To meet modern client and employee expectations, mid-sized firms need to find new ways to distinguish themselves from smaller firms to unlock new opportunities for growth and efficiency.

This report looks at mid-sized law firms across multiple perspectives—including financial performance, personal and professional well-being, and client relationships.

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2023 Legal Trends for Mid-Market Law Firms Cover

In the report

  • Industry benchmark data

    See how your firm stacks up against the competition in billables, collections, and hourly rates.

  • Attrition rates in mid-sized law firms

    Learn why lawyers in mid-sized firms have left their jobs.

  • Work preferences and client expectations

    See how—and when—lawyers in mid-sized firms are working, and how these preferences measure up with client expectations.

  • Opportunities for innovation

    Uncover where mid-sized law firms have the greatest opportunities to improve their practice.

The Legal Trends for Mid-Sized Law Firms report features research conducted for the annual Legal Trends Report, which provides information on the most important issues faced within the legal profession. By analyzing aggregated and anonymized data from tens of thousands of legal professionals in the US, supported by extensive survey research, the report offers unique insights into law firm efficiencies, hourly rates, and other key metrics for success.