'No Getting Around' COVID for Law Journal's Top 40 Firms, but Revenue Still Grew for Some
A number of firms saw year-over-year revenue declines in 2020 for which they likely didn't plan. Still, many firms in the Top 40 grew revenue.
June 27, 2021 at 08:17 PM
6 minute read
After a tumultuous 2020 spent almost entirely in the grips of a global pandemic, "it didn't turn out as bad as we first feared" has been a common assessment from law firm leaders about their fiscal years.
As the year went on, law firm leaders shared stories of their internal discussions back in March and April, when they were projecting revenue declines that would have been unthinkable only weeks earlier. Indeed, law firms had momentum and a positive outlook going into 2020.
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