Lowell Stortz Quoted in Twin Cities Business Magazine
Lowell Stortz, chair of the firm, is quoted in a recent Twin Cities Business story on the state of the legal market in Minneapolis – St Paul.
The story examines the recent decline in enrollment at the three area law schools and what that has meant for law firms trying to attract the next generation of legal talent. It also explores a number of recent law firm mergers in the market, including the 2014 merger that created Stinson Leonard Street.
Lowell notes that the merger created a broader and deeper bench of attorneys that could offer more service to existing clients and also attract new clients. He said he expects to see more mergers in the marketplace as the legal economy continues to evolve and clients identify the specific skills they need in their outside counsel.
“If you took a step back and looked at demand for legal services nationally, especially as it relates to law firms, that’s either held steady or gone down since the recession. Our hiring is still at maybe 70 percent from what it was several years ago," Lowell says in the story.