Gretta Rusanow

May 13, 2024 | The American Lawyer

Citi's Q1 Flash Survey Report indicates a strong start and a positive year ahead.

By Gloria Gomez-O'Rourke, Mike McKenney & Gretta Rusanow

5 minute read

August 24, 2023 | The American Lawyer

Clients are slower to pay, but that means inventory is building. If firms start seeing checks come in, the second half of 2023 could be much more promising, Citi's midyear survey shows.

By Gloria Gomez-O'Rourke and Gretta Rusanow

6 minute read

February 16, 2023 | The American Lawyer

In Citi Global Wealth at Work Law Firm Group's survey of full-year 2022 financials, a clearer picture emerges of the impact economic shifts had on firms last year. The fourth quarter brought some tough news in some respects and softened the blow of other factors seen earlier in the year.

By Gloria Gomez-O'Rourke and Gretta Rusanow

7 minute read

November 17, 2022 | The American Lawyer

Citi Private Bank's look at 9-month results shows a decline in demand coupled with expense growth is causing some firms to look for progress payments or sell receivables.

By Gloria Gomez-O'Rourke & Gretta Rusanow

7 minute read

August 15, 2022 | The American Lawyer

The industry needs to see a pick up in the second half of the year to stem the dips in hours in the first six months, Citi survey data shows. Inventory looks promising, collections is the key, a Citi survey shows.

By Gloria Gomez-O'Rourke and Gretta Rusanow

7 minute read

February 16, 2022 | The American Lawyer

Compensation costs soared, but double-digit profit growth was still the norm across the legal industry.

By Gretta Rusanow, Gloria Gomez and Scott Kesselman

7 minute read

February 10, 2021 | The American Lawyer

As a pandemic-fueled recession plagued the U.S. economy, law firms grew revenue and pulled the right levers to post stunning profits increases, a Citi Private Bank report indicates.

By Gretta Rusanow

8 minute read

August 18, 2020 | The American Lawyer

Rate growth and a shortened collection cycle contributed to 5.3% revenue growth in the first half, according to Citi Private Bank.

By Jeff Grossman and Gretta Rusanow

6 minute read

May 13, 2020 | The American Lawyer

Median projections of 15% declines in second-quarter demand and revenue are partially driven by an estimated 11% lengthening of the collection cycle.

By Gretta Rusanow

7 minute read

February 11, 2020 | The American Lawyer

Small demand increases coupled with growth in billing rates led to a 5.3% climb in revenue among sampled firms.

By Gretta Rusanow

8 minute read