How Big Law Makes Billions: The Power of Law Firm Leverage

How do some big law firms generate billions of dollars in revenue? This video explains law firm leverage, the economic model that allows equity partners to scale their work through teams of lawyers and associates and how artificial intelligence could change it all. (Produced by Paul Detrick; Senior Producer Andrew Satter; Executive Producer Josh Block) -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news &