Bloomberg Law expands global law‑firm benchmark, adds innovation focus

Bloomberg Law has broadened its Leading Law Firms Benchmark. The expanded version includes participation from firms worldwide. The new scope captures a more diverse set of legal markets. Bloomberg Law also emphasizes an enhanced focus on innovation. Benchmark data will now reflect firms' technological initiatives. The move aims to provide deeper insight for clients and investors. Participants can benchmark against peers on both performance and innovation. The updated benchmark is expected to influence future legal industry analyses.