One of the world’s leading legal data and analytics providers for the past two decades, Chambers continues to strive as the best choice for its accuracy, depth, and quality in their research.
With the latest Chambers USA launched today, the guide received over 58,000 responses from US law firm departments and individuals, by way of interview or survey (between August 2023 and February 2024).
Trends discussed on today’s webinar referenced how embattled GCs face post-pandemic interest rates and inflationary pressures, proving difficult for many law firms across various practice areas (e.g., there was a 10-12% decrease in M&A aggregate value). Yet, there were strong revenues in the upper ranks and for those who have become a destination practice for strategic or bet-the-company work.
This year shows a remarkably stable and resilient US economy and legal market.
Chambers USA Regional Spotlight:
Chambers continues its mission to spotlight the best-performing firms, ranging from small to medium-sized firms that are considered go-to counsel for legal buyers seeking wider options and localised expertise.
This year, Chambers returned to Texas and continued to delve into the legal markets of Florida, New York, and North Carolina. In addition, Chambers announced they will spotlight law firms based in Ohio and Illinois.
New Submission Areas for Chambers USA 2025:
In each state, Chambers ranks the top US law firms in four areas of law: Corporate/Commercial, Labor & Employment, Litigation, and Real Estate. Despite covering over 50 different practice areas/sectors on a state and national level, Chambers has announced that they will be introducing new coverage areas this year.
The new areas of coverage are as follows:
- Nationwide: Construction: International Disputes
- Nationwide: Higher Education
- Nationwide: Impact Investing
- Nationwide: Energy: PHMSA Specialists
- Nationwide: Transportation: Aviation: Transactional
Practice areas ranked at the state level are based on the location in which a law firm or individual lawyer practices, regardless of where their clients are located or where most of their deals take place.
USA Research Expansion:
Research for the Chambers USA 2025 Guide will begin in August this year.
The upcoming edition will cover numerous emerging and expanding practice areas across the US legal market, expanding existing areas of coverage into new jurisdictions.
The full list of research coverage can be found here.
When should I submit?
Submissions for the Chambers USA 2025 Guide are now open!
The first submission deadline is 11 July 2024. The full research scedule can be found here.
Upcoming Events:
- Annual Chambers USA Awards – June 13th, 2024
Sources:
https://chambers.com/legal-guide/usa-5
https://chambers.com/topics/new-submission-areas-for-chambers-usa-2025
