US Government Shutdown: So, What Are the Opportunities and Fresh Challenges for Big Law

How long will the shutdown go on? How broadly will its internal moving parts be affected and how? What are the law firm's major practices?

All of those factors are creating the opportunities and yet another set of challenges (2025 has been a year of turmoil) for large law firms. 

If you understand business lots of this is obvious. For example, practices and general services which would have an uptick in demand could be restructuring, bankruptcy and crisis advisory. Dentons, which had established an advisory arm, could thrive. Those firms which are highly diversified won't have to start sweating yet.

Where the business of Big Law could begin being impacted negatively is detailed by sources on my networks and ChatGPT. Those include:

Setback for recovery of M&A. Potential deals could be put back on hold. Not-busy-enough associates could become even slower in billing. 

Foot-dragging in prospects willing to close on new business. Uncertainty is increasing rapidly. That's the standard kiss of death in business development. 

Delay in collecting payment. Collections can always be a problem. Clients which are federal agencies, government contractors or rely on government funding such as energy may be pausing payments.

Reduced overall legal spending. If it's not urgent or an "elective" matter in litigation that might be put on hold or eventually forgotten.

Partner flight. Firms not well-insulated for sustainable financial performance may wind up generating not such a rosy picture in Profits Per Equity Partner. Competitors could move right in with attractive compensation offers, along with greater autonomy.

In my intuitive coaching/tarot reading a growing number of clients are already experiencing negative impacts on the businesses they operate. Overall, there's a slowdown in adding new clients/customers and those already onboard have become hesitant in spend.

Thrown off your game, maybe the first time since you started working? You made all the right moves and then the world moved in another direction.

Intuitive Coaching. Special expertise with transitions, reskilling and aging. Psychic/tarot readings, upon request. Complimentary consultation with Jane Genova (Text 203-468-8579, janegenova374@gmail.com). Yes, test out the chemistry. Zero risk.