An analysis by The Legal looked at Am Law 100 revenue and net income figures and determined that eight of Pennsylvania's firms saw their total costs outpace revenue growth by anywhere between 0.5% and 4.6%
April 25, 2024 at 01:23 PM
5 minute read
Despite being a profitable year for the 11 Am Law 100 firms with roots in Pennsylvania, national economic conditions played a significant role in increasing costs and hindering productivity.
While all but one of these firms grew revenue compared to 2022, they still struggled to match the average for the largest firms in the county, while profitability was constrained by increasing costs and decreased productivity.
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