Law Firm Productivity Down in Third Quarter — Too Many Associates, Too Little to Do
Associates at large law firms have too much time on their hands. According to statistics from the West Peer Monitor Index, a measure of legal market conditions, large law firms had their lowest productivity yet this year during the third quarter of 2008. Overall, law firm productivity was down by 4.5 percent in the third quarter, but it sank by 6.5 percent at larger Am Law 100 firms.