The Global 100 debate – Will stars or institutions define the law’s elite?

Craig Pollack participated in an interview with Legal Business regarding the future of big law. When asked about the structures within a law firm, he said, “I agree with what people have said subject to this caveat: our ability to predict is not great. However, I think there will be a law firm that has $7 billion in revenue. I doubt it will be an elite firm. We are going to have firms that are elite but are super focused on areas they are really good at. It is going to be difficult to attract the kind of talent we want into huge factories of lawyers. Elite and niche will be the way forward.”