Rising Up: How “Large Enough” Law Firms are Winning the Market Share

In this edition of Legal Toolkit, co-hosts Jared Correia and Heidi Alexander invite members of the LexisNexis team to discuss their latest report, Enterprise Legal Management Trend Reports, 2013 Mid-Year Edition: The Rise of “Large-Enough” Law Firms. The report concluded that the nation’s largest law firms are losing the market share to smaller rivals, referred to as the “large-enough” law firms. Correia and Alexander speak to Kris Satkunas and Mike Haysley of LexisNexis CounselLink to further define the results regarding law-firm size, economic breakdown, and how all law firms can use this information to their advantage. Director of Strategic Consulting Satkunas leads the CounselLink team in advising corporate legal department managers on improving operations with data-driven decisions. She is an expert in managing the business of law and in data mining, with specific expertise in matter pricing and staffing, practice area metrics and scorecards. Director of Strategic Services Haysley helps corporate legal departments manage the business of law. With more than 15 years of experience working with large legal organizations, Haysley works with an expert team at LexisNexis to advise legal departments on improving operations and results.