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Recent Posts

Billion-Dollar Legal Market Consolidation - A Profession's Transformation
Published: 27 March 2022
Hits: 447

 Stephen J. McGary, BA,  MA, JD, LLM Founder, AILFN  Lex Mundi, WSG, & HG.org

Stephen McGarry, BA, MA, JD and LLM (Taxation), founded World Services Group (WSG), a multidisciplinary network, in 2002. As president, he grew it to 150 firms that have 21,000 professionals in 600 offices in more than 100 countries. In 1989, McGarry founded Lex Mundi, the world’s largest law firm network. As president, he grew it to 160 law firms that today have 21,000 attorneys in 600 offices in 100-plus countries. These two networks represent 2 percent of all the lawyers on earth whose members bill their clients an estimated $20 billion dollars annually.  In 1995, he founded HG.org, one of the first five significant legal websites. Today it is among the world’s largest sites with more than 10 million pages and 1.2 million unique users each month who download almost 2 million pages. In 2015 McGarry created the Association of International Law Firm Networks, or AILFN, an association of the leading law firm networks. Its project, LawyersAccountants.com, provides instant access to more than 500,000 professionals in 8,500 offices, billing clients $180 billion dollars annually.


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The Legal Profession: Why is it inefficient? It all starts with market fragmentation
Published: 27 March 2022
Hits: 99