Not all law firms are down on 2024. With inflation moderating and interest rate cuts anticipated, many law firms believe they are well-positioned for a rebound in transactional work and a “better year’” overall next year, according to a new report this week.

“It’s likely that most firms will see growth in revenue and profitability in 2023, outperforming 2022,” according to a 2024 Client Advisory from Hildebrandt Consulting and Citi’s Global Wealth at Work Law Firm Group, published Wednesday.

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