LA's Talent Boom: Charting the Course in a Rapidly Expanding Legal Market

New analysis from The National Law Journal reveals that Los Angeles has become the fastest-growing major legal market in the country, outpacing hubs like New York, Chicago, and Washington, D.C. The recently published article, "Los Angeles Outpaces Top Markets in NLJ 500 Lawyer Growth," examines the forces behind this significant expansion and what it signals for the legal industry.

This dynamic market is one that Macrae understands well. As we continue to expand on the West Coast, our team are committed to connecting leading legal talent with the opportunities that drive growth in this dynamic market. Joe Macrae, Founder and a Partner based in our Bay Area office is quoted in the article, identifying a critical trend driving this expansion:

“…given that the entertainment industry has been in such a fast period of change, there are more legal dollars to be made in it than there has been for quite some time”

This boom in the entertainment industry, alongside growing private equity, is creating more legal opportunities and intensifying the competition for top-tier legal talent. As firms work to meet the demand, the market has become increasingly competitive.

Naomi Kaplan who recently joined Macrae, solidifying our physical presence in Los Angeles, also featured in the article highlighting her perspective on how firms are responding to the city's economic strength:

“Law firms are waking up to that fact, and we’ve seen a lot of demand on our side from clients”

The piece underscores a clear trend: as demand in high-value practice areas continues to grow, Los Angeles is cementing its position as a premier destination for legal talent and a critical battleground for law firm growth.

Read the full article by Samson Amore for The National Law Journal here.

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For more market insights, connect with Joe Macrae or Naomi Kaplan, or reach out to our team at Macrae.