Law360: Is A Boom In Remote Work Tempering Virtual Firms’ Growth?

News Law360: Is A Boom In Remote Work Tempering Virtual Firms’ Growth? T.J. Henry · January 29, 2024

“Following a period of rapid expansion, the headcount growth at some virtual-oriented law firms has leveled off in recent years, a shift some attribute to the widespread adoption of remote work policies by traditional brick-and-mortar law firms and increased productivity fueled by integrating new technologies,”  reported Law360 in “Is a Boom in Remote Work Tempering Virtual Firms’ Growth” written by journalist Xiumei Dong.

In the article, Law360 shared Rimon’s record growth figures from 2023, which included a 16% growth in its total attorney headcount last year, rebounding from the 4.2% year-over-year growth recorded the previous year. Rimon had a total of 217 attorneys by the end of 2023, including 189 U.S.-based attorneys and 28 international attorneys.

Rimon’s Chief Legal & Growth Officer, T.J. Henry who was interviewed by Law360 journalist, Xiumei Dong said:

“At the end of the day, we don’t have just one set of clients — we have two,” Henry explained, emphasizing that Rimon serves both external clients and internal attorneys. “Keeping that fact in mind and making sure that we are always serving both sets of clients, treating the partners and attorneys as clients and making sure they have everything they need to practice law in the way they want and where they want is extremely important to us.”

T.J. Henry attributed the firm’s growth to its strong back office services in areas such as recruiting, human resources, accounting, and billing.

Read the full Law360 article here.

Interested in joining Rimon? Please contact us.

Rimon PC has 48 offices across five continents. The firm is widely known as being at the vanguard of legal innovation.

The firm has been repeatedly recognized by the Financial Times (FT) as one of North America’s most innovative law firms. The firm’s Founding Partners were both named ‘Legal Rebels’ by the American Bar Association’s ABA Journal and have spoken on innovations in the practice of law at Harvard and Stanford Law Schools.

Rimon and its lawyers have also received numerous awards for excellence, including from Best Lawyers and Chambers.

For more information, please visit http://RimonLaw.com.