Maybe not the end, but BigLaw is in trouble. According to Noam Scheiber, writing for New Republic BigLaw is somewhere between 150 and 250 law firms, and “Within the next decade or so, according to one common hypothesis, there will be at most 20 to 25 firms … The other 200 firms will have to reinvent themselves or disappear.”

In other words, BigLaw needs to find a way to shrink gracefully to a fraction of its current bigness. “Graceful” is not how the transition seems to be happening, according to Scheiber, who describes a cutthroat environment where everyone is trying to undermine everyone else, and management is basically helpless to do anything about it.

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