2024 US Midsize Law Firm Priorities Report

The 2024 US Midsize Law Firm Priorities Report examines the current state of midsize law firms in the United States, focusing on trends and challenges impacting the legal market. The report highlights the prevalence of stress among law firm employees, with 72% reporting experiences of stress, burnout, or overwhelm. It notes significant generational differences in stress levels, with Baby Boomers reporting higher stress compared to Gen Z. The report also discusses how midsize firms are adapting their technology investments, with 65% increasing their technology spending over the past year. Key findings reveal that non-billable tasks are affecting productivity, and many employees are taking steps to manage stress through mental health resources and team-building activities. The report is based on a survey of 390 law firm professionals and aims to provide insights into how midsize firms can navigate the evolving legal landscape while addressing employee well-being and operational efficiency.