Hartford Business Journal recently quoted Harris Beach Murtha CEO Christopher Jagel in a story about law firms pushing to expand as tech and talent costs rise.

The article examined a Thomson Reuters report on the nation’s legal market that found law firms, on average, achieved 13 percent profit growth in 2025 – calling it some of the strongest growth in more than a decade. The report chalked up the growth, in part, to “regulatory shifts and geo-economic instability.”

The report also noted increased spending on technology and talent, with firms aggressively investing in AI, while also expanding headcount.

Harris Beach Murtha was among four law firms highlighted in the article.

“A year after the 2025 merger of Murtha Cullina and Harris Beach, Chris Jagel says the firm continues to be in growth mode both through hiring additional attorneys and opening new offices,” the article states.

The article went on to directly quote Chris twice:

• “For what traditionally have been considered midsized firms, I would say 15 to 100 lawyers, I think that it’s going to be harder and harder for them to compete because the cost of competing is higher,” he said.

• “We’re not looking to change our client base, but we’re looking to be able to provide more services to our existing clients, and we’re looking to be able to provide more services in newer locations,” he said.

Read the full Hartford Business Journal article for more details. (Subscription may be required.)