The American Lawyer Quotes Stefan Stein About the Rocky Mountain Market
DENVER, Colo. (June 7, 2022) – The American Lawyer published an article discussing how the growth of smaller metropolitan areas and non-metropolitan counties has created a variety of opportunities for midsize law firms. This growth can be attributed to the decline in the population of the major cities, such as New York and Los Angeles. Now, midsize law firms are able to create new client relationships with high-net-worth individuals and businesses and recruit a wider range of talent since the COVID-19 pandemic has changed the model of many workplaces, allowing more employees to work remotely and thus removing the geographical barrier.
“The areas where we have our key offices have seen significant population growth,” said Stefan Stein, Sherman & Howard CEO, “this gives firm leaders the opportunity to increase litigation, transactional, and trusts and estates work, while also vying to bring in underdeveloped practice areas that have been popular in coastal firms, like health care and natural resources.”
Read the full article in The American Lawyer (subscription required).