Early Financials Show Declines in Big Law Equity Tiers, With Law Firms Being ‘Much More Careful’

Law firms’ equity tiers may continue to shrink in 2026, partly as a way to keep up profits amid uncertain demand and pressure on billing rate hikes.

       

Law firms’ equity tiers may continue to shrink in 2026, partly as a way to keep up profits amid uncertain demand and pressure on billing rate hikes.