James A. Byrne U.S. Courthouse, which houses the U.S. Court of Appeals for the Third Circuit, and the U.S. District Court for the Eastern District of Pennsylvania, in downtown Philadelphia, on April 3, 2021. Photo: Diego M. Radzinschi/ALM Phila. Law Firms Remain 'Bullish' Despite Headwinds
"I think it's going to be a good year, but I think firms are smart to take a conservative approach to revenues and profits," one consultant said.
February 16, 2022 at 04:05 PM
5 minute read
Law Firm Profitability
Legal industry leaders in the Philadelphia region are forecasting comparatively modest growth in revenue and profits in 2022, following record levels in 2021, as inflationary pressures threaten to drive up returning costs for travel and in-person events.
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