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Stat(s) Of The Week: Midsize Market Gains – Above the Law

Corporate
counsel
are
increasingly
looking
beyond
Biglaw
to
handle
some
of
their
matters,
according
to
a
recent
Above
the
Law
survey.

In
a
survey
of
more
than
500
in-house
attorneys
about
their
outside
counsel,
80%
of
respondents
said
they
regularly
engage
midsize
or
regional
law
firms
(as
opposed
to
Am
Law
200
or
other
large
law
firms)
for
certain
kinds
of
work,
particularly
routine
matters
and
“cost-efficient,
bulk
tasks.”
Nearly
half
(48%)
also
turn
to
midsize
and
regional
firms
for
“high-value,
complex
matters.”

Moreover,
35%
of
in-house
counsel
said
they
have
shifted
work
from
large
firms
to
midsize
or
smaller
firms
in
the
last
year,
and
32%
expect
to
move
work
from
large
firms
over
the
next
year.

Reasons
for
turning
to
smaller
firms
include
that
they
are
more
cost-effective
(87%),
more
agile
and
responsive
(48%),
and
they
offer
more
personalized
attention
(45%).

Stay
tuned
for
more
results
from
our
2025
Outside
Counsel
Survey
in
the
coming
weeks.