The Changing Economic Geography of Large U.S. Law Firms
By Don Philbin, April 7, 2017
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The number of lawyers working for large U.S. law firms has increased dramatically. One important manifestation of this is the growing network of branch offices. Informed by three theories of spatial change — law firms (i) following the geographic expansion of their clients, relying on (ii) traditional agglomeration economies and relying on (iii) agglomeration benefits emerging from a location’s connectivity to other important geographies — we analyze longitudinal data on large U.S. law firms and the global urban network in which they are embedded.
