New Matter Generation Back to Pre-COVID-19 Baseline, but Worries Remain, Survey Finds
The latest survey from legal software company Clio shows business steadily increasing across multiple practice areas and geographic regions, but respondents still have grave concerns about this quarter and beyond.
September 17, 2020 at 03:07 PM
5 minute read
The fourth Legal Trends Report survey by legal software company Clio found that overall new matter generation is mostly back to pre-pandemic levels and many larger legal markets are continuing to trend up in the same category. But more than half of surveyed respondents still have concerns about the future financial success of their firms, layoffs remain high, and apparently over one-third of U.S. consumers believe law firms are not currently providing legal services due to the pandemic.
The survey, conducted between July 13 and 22 with 635 legal professionals and between July 13 and 14 with around 1,000 consumer in the U.S. general population using anonymized data, showed the steady improvement in real estate and wills and estates compared to April, while intellectual property work is actually up over 20% compared to a Jan. baseline.
Courtesy of Clio.com
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