The growth in Israeli law firms' activity came to a halt in 2008, due to the recession and reduction in companies' business, which reduced demand for legal services, reports BDICoface in the BDICode 2009.

BDI says that the number of attorneys employed in Israel's 20 largest law firms was unchanged in 2008, compared with 2007, at 1,203. The number of law firms employing more than 100 attorneys was also unchanged, at five.

However, the number of partners at law firms rose by 8% in 2008, which BDI attributes to the firms' wish to keep employees by promoting them.

BDI says that 3,167 new attorneys entered the profession in 2008, 14% more than in 2007. BDI points to the steady growth in recent years in law graduates from colleges compared with universities: in 2008, 72% of all law graduates came from colleges. On the other hand, 95% of university law school graduates passed the bar, compared with 85% of college university graduates.

In the 2008 BDI rankings, Herzog Fox & Neeman Law Office kept its first place ranking, and Goldfarb, Levy, Eran, Meiri & Co. kept its second place ranking. Meitar Liquornik Geva & Leshem Brandwein rose to third place from fifth place in 2007, and Gross, Kleinhendler, Hodak, Nalevy, Greenberg & Co. fell to fifth place from third in 2007. Yigal Arnon & Co. stayed in fourth place.