Credit: Nuthawut/Adobe Stock Am Law 50 Law Firms 'Outpacing' the Industry More in 2024, as Segmentation Accelerates
"It is a bit of a vicious cycle for the rest of the industry to observe. It allows these elite firms to continue to pull away, as long as they continue to focus on those higher client value opportunities," noted one industry consultant.
August 23, 2024 at 05:00 AM
5 minute read
Law Firm Profitability
Many law firms are seeing a strong financial year in 2024, but there are signs that Am Law 50 law firms, in particular, are leaping ahead, separating even further from the pack in performance and creating a bigger divergence in the market.
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