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American frontier: Expansion strategies for overseas law firms

Anna Jarrold considers the opportunities and hazards of different US market entry routes for overseas law firms

25 November 2014

In our article 'Going for growth' in the previous issue of Managing Partner, we explored some of the factors to consider when expanding your law firm's operations. Here, we assess the United States as a possible destination.

Boasting the largest national economy in the world, political and currency stability and the availability of well-educated employees, the US is an attractive option to consider when expanding. But, while English is the most universally-understood language, the business terminology in the US is fairly unique for firms looking to set up there.

The US legal sector

The US has the largest market for professional services in the world, with approximately 770,000 firms. At 22.1 per cent of total revenues, legal firms accounted for the largest pro...

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