San Francisco, California. Transactional Work Drives Highest Demand, Revenue Growth to Calif. Firms
As the industry booms nationally, the West Coast is seeing even more demand thanks to the concentration of tech clients driving deal activity.
November 16, 2021 at 05:05 PM
3 minute read
California law firms, capturing large amounts of corporate work, saw revenue grow 19% in the first nine months of 2021, exceeding the national average of 14%, according to the results of the Wells Fargo Legal Specialty Group Nine-Month 2021 Check-in Survey.
"The California market outperformed all the other markets we track, both in terms of revenue and demand," said Joe Mendola, senior director of sales for Wells Fargo Private Bank Legal Specialty Group.
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