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Best Law Firms Best Law Firms® presents the most credible rankings of exceptional law firms globally.

Big Law has a new competitor for legal talent, and it’s not another law firm... AI companies are increasingly recruiting...
10/16/2026

Big Law has a new competitor for legal talent, and it’s not another law firm...

AI companies are increasingly recruiting attorneys from Am Law 200 firms, offering competitive salaries and career paths that extend beyond traditional legal practice.

According to a new Firm Prospects report, 46 Am Law 200 lawyers moved to AI companies in the first half of 2026, including:

🔹 22 hired by Harvey (more than Anthropic, OpenAI and Legora combined).
🔹 40 associates, five partners and one counsel made the jump.
🔹 One-third of those lawyers entered "legal engineer" roles, helping clients implement and use AI technology.

With legal engineering positions starting around $220,000 in major markets and AI companies securing hundreds of millions in funding, the competition for legal talent could intensify.

For law firm leaders, this raises an important question: How do you retain associates when the technology industry offers an entirely different career path?

Read more: https://hubs.li/Q04BczTf0

French law firms are investing in marketing, but are they measuring the results?According to our new France Legal Market...
10/15/2026

French law firms are investing in marketing, but are they measuring the results?

According to our new France Legal Market Report, 46% of surveyed law firms increased their marketing budgets last year, while 52% maintained their spending.

Yet despite these investments, most firms lack the systems and technology to measure marketing ROI.

The research also reveals:
- 81% of small firms operate without a documented marketing or business development strategy.
- Nearly 40% of firms don't currently measure marketing ROI but would like to.
- 80% of firms use events and speaking engagements as a marketing strategy, making them the most popular method.

Explore the full report: https://hubs.li/Q04zGB1r0

Generative AI is moving beyond experimentation in France's legal market.According to our latest France Legal Market Repo...
10/15/2026

Generative AI is moving beyond experimentation in France's legal market.

According to our latest France Legal Market Report, 77% of surveyed French law firms are now piloting or have fully implemented generative AI tools.

45% have fully implemented GenAI across multiple practice areas.
32% are piloting the technology in select practice areas.
23% are exploring potential adoption.

Drawing on insights from more than 160 French law firms, the report examines how firms are navigating AI adoption, financial performance, alternative billing, client relationships and other developments shaping the legal industry.

Download the full report: https://hubs.li/Q04zGwW30

The 2027 Best Law Firms™ – France rankings are live!Now in its second edition, the awards recognize leading law firms ac...
10/15/2026

The 2027 Best Law Firms™ – France rankings are live!

Now in its second edition, the awards recognize leading law firms across the country, drawing on research that included surveys of 3,687 lawyers and 837 firms, 8,500 client references and more than 100 practice group interviews.

This year's results highlight the selectivity of recognition across three levels:
🏅 Regional Rankings: 812 firms across 49 practice areas, representing the top 2% of the market.
🏅 National Rankings: 331 firms across 30 practice areas, placing them among the top 0.81%.
🏆 "Law Firm of the Year": 24 firms recognized across 26 practice areas, a distinction limited to the top 0.059%.

Congratulations to all firms recognized in the 2027 edition!

Explore the rankings and discover the firms shaping France's legal market: https://hubs.li/Q04zGrfb0

Wall Street wants AI discounts from Big Law, but the latest industry data tells a different story.Citigroup, Goldman Sac...
10/12/2026

Wall Street wants AI discounts from Big Law, but the latest industry data tells a different story.

Citigroup, Goldman Sachs and Morgan Stanley are pushing law firms to pass along AI-driven cost savings, as corporate clients increasingly question the billable hour.

Yet, demand for legal services continues to climb.

According to Citi's own Law Firm Group data, the first half of 2026 saw:
📈 11.7% growth in law firm revenue
📈 4.2% growth in billable hours (more than double the typical growth rate)

Meanwhile, Big Law associate billing rates have climbed 33% since 2023, averaging $798 per hour.

As banks push for competitive bidding and alternative fee arrangements, a bigger question is emerging: If AI is making legal work more efficient, why are billable hours still rising?

Read more about the growing tension between AI-driven cost expectations and the future of law firm pricing: https://hubs.li/Q04zQTdc0

The 2027 Best Law Firms™ – Germany awards are live!Now in its third edition and presented in collaboration with Handelsb...
10/09/2026

The 2027 Best Law Firms™ – Germany awards are live!

Now in its third edition and presented in collaboration with Handelsblatt, this year’s research reflects input from approximately 7,000 lawyers, more than 10,000 client perspectives and over 1,300 participating firms.

The research also reveals how Germany’s legal market is changing.

Among 360 firms surveyed:
• 49% have fully implemented generative AI, while another 42% are piloting it
• 35% increased their marketing budgets in the most recent fiscal year
• 76% say at least half of new client work comes from returning clients or referrals
• Just 9% conduct regular, structured client surveys

Congratulations to all of the firms recognized in this year's awards!

Explore the full rankings and the trends shaping Germany’s legal market: https://hubs.li/Q04zktvD0

Turns out, even the cybersecurity lawyers need cybersecurity lawyers.The number of law firms reporting breaches has near...
10/02/2026

Turns out, even the cybersecurity lawyers need cybersecurity lawyers.

The number of law firms reporting breaches has nearly doubled year over year. Greenberg Traurig, Goodwin Procter, Quinn Emanuel and other major law firms have reported cyber incidents in recent months.

And the price tag is climbing. U.S. businesses now spend an average of $11.5 million responding to a data breach, up 13% year over year.

Why are law firms such attractive targets? They hold everything from deal terms and litigation strategy to health records and Social Security numbers. A single breach can potentially expose information belonging to hundreds or thousands of clients.

As attacks increase, firms are facing more than an IT problem. They’re confronting litigation, rising costs and greater scrutiny from corporate clients.

Read more about the growing cybersecurity threat facing the legal industry: https://hubs.ly/Q04z4WDz0

09/28/2026

What do clients and professional references evaluate during the Best Law Firms® research process?

Senior Vice President of Research & Product Strategy Elizabeth Petit breaks down the six components of the reference survey and how they contribute to the research behind our rankings.

AI may be helping law firms work faster, but is it actually helping them spend less?As AI adoption grows, firms are conf...
09/23/2026

AI may be helping law firms work faster, but is it actually helping them spend less?

As AI adoption grows, firms are confronting two costs that could complicate the ROI equation: the “verification tax” of reviewing AI-generated work and rising expenses tied to usage-based, token pricing.

Recent research suggests firms are still figuring out what that means for the bottom line:

• 67% of senior legal professionals fear human verification costs could outweigh AI’s benefits.
• 85% of firms either don’t measure or don’t know if they measure AI ROI.
• Legal AI systems are improving, but research shows hallucinations remain a concern.
• Courts continue to sanction lawyers for filings containing AI-generated errors.

The question for firms is shifting from simply, “How much time can AI save?” to “What does AI actually cost once software, usage and human oversight are all accounted for?”

Read more: https://hubs.li/Q04y9BqT0

Private equity’s interest in law firms is getting bigger, and its latest target is insurance defense.Charlesbank Capital...
09/18/2026

Private equity’s interest in law firms is getting bigger, and its latest target is insurance defense.

Charlesbank Capital Partners reportedly signed a letter of intent for a $700 million stake in Wood, Smith, Henning & Berman LLP, a 570-lawyer insurance defense firm. If finalized, it could become one of the largest private equity investments in a U.S. law firm to date.

Why insurance defense? The model offers many of the characteristics PE investors look for: repeat institutional clients, predictable revenue and less dependence on individual partners.

The proposed deal would use a managed service organization (MSO), separating legal work from business functions such as technology, accounting and marketing. But as investment grows, so does regulatory scrutiny around these structures.

Could a deal of this size signal what’s next for outside investment in the legal industry?

Read more about the $700M deal, the economics behind it and why larger firms are watching closely: https://hubs.li/Q04xW0pn0

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