Baker & McKenzie’s global chairman Eduardo Leite tells the Am Law Daily he believes the firm's revenues next fiscal year will grow by 3 percent to 5 percent. He believes the market for legal services will be flat, and law firms won't grow unless they move into new markets or take market share from other firms. Baker & McKenzie has opened several offices since last May, in Casablanca, Johannesburg, Peru, Korea and the United Arab Emirates.
“Competition [in North America] is huge and many...