Big Law's Collections Push, Operational Efficiency Could Continue Into 2021
It will be difficult to achieve revenue growth early this year, but firms that remain focused on collection efforts could be in particularly good shape this year.
February 10, 2021 at 02:27 PM
5 minute read
The original version of this story was published on The American Lawyer
Law firms showcased their resiliency in 2020, with the legal industry seeing more than 14% net income growth, according to a new analysis from Citi Private Bank's Law Firm Group. But firms that boosted their collection efforts—and remain focused on them—could be in particularly good shape this year, the analysis shows.
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