Credit: pickingpok/Shutterstock How Should Law Firms Use Their Windfall of Profits?
Law firms' excess profits from spending cuts in 2020 and high demand this year are creating opportunities to improve the business model.
November 05, 2021 at 02:01 PM
4 minute read
Law Firm Profitability
After many firms experienced a highly profitable 2020 and sky-high demand levels in 2021, they found themselves with more cash than usual. While more than enough Big Law money has been lavished on associates and laterals recently, those aren't the only ways firms are spending their riches.
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