The Definitive Thread on NC Law Firms Forum

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Re: The Definitive Thread on NC Law Firms

Post by Anonymous User » Tue Dec 03, 2024 4:03 pm

It’s been a while since this thread was updated, any major changes in the North Carolina legal market with the state’s continued growth over the last few years?

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trmckenz

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Re: The Definitive Thread on NC Law Firms

Post by trmckenz » Tue Dec 10, 2024 8:38 am

Charlotte has grown but the Kirklands and Lathams aren't here yet. It's hard to imagine Charlotte clients paying premium rates right now. Maybe things will change if/when M&A heats back up again.

It's not an exhaustive list, but the market-paying firms in Charlotte are at least Alston & Bird, King & Spalding, Mayer Brown, Holland and Knight, Cadwalader, Haynes and Boone, etc. I am sure there are others too, typically small satellite offices for finance practices.

The tier paying just below that includes MVA, Robinson Bradshaw, Womble, Parker Poe, McGuireWoods, K&L Gates, Bradley, etc. There may be more nuance at the local/regional firm level, but these are the biggest ones.

The Triangle has certainly grown in population along with Charlotte but doesn't have the same institutional client base. I can see things improving as big tech becomes more aware of RTP's benefits. Law firm-wise Smith Anderson remains the clear market leader; they are on the local/regional payscale but solid like MVA/RB. Raleigh offices are usually much smaller than their Charlotte counterparts.

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