Credit: Lemonsoup14/Adobe Stock After Moderate Revenue Gains, Law Firms Plan for Growth in Both Deals and Litigation
"The mindset is toward growth as opposed to cutting, and that's a change over the last 18 months," Wells Fargo's Owen Burman said.
January 30, 2024 at 04:09 PM
4 minute read
Law Firm Profitability
The original version of this story was published on The American Lawyer
Law firms didn't get a hoped-for transactional rebound to end 2023. But they did see acceleration on the demand and revenue front, a strong collections push and billing rates that continued to climb to new heights, according to results from a Wells Fargo survey.
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