Law firms fared well financially in 2019, but as the entire world grapples with the economic turmoil brought on by the COVID-19 pandemic, those days now feel like they were a million years ago.

Revenue for the 100 largest law firms in the United States grew by 5% last year, rising to a record $104 billion. That’s less improvement than the 8% and 5.5% growth the U.S. legal industry saw in 2018 and 2017, respectively, but still right on track with the 4.9% average growth over the past decade.

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