Billing Rate Increases, Demand Gains Help Law Firms Double Their Revenue Growth in Q1
Billing rate growth "continues to be the primary contributor to revenue growth," with standard rates increasing 9% in Q1 2024, Wells Fargo said.
4 minute read
Billing rate growth "continues to be the primary contributor to revenue growth," with standard rates increasing 9% in Q1 2024, Wells Fargo said.
4 minute read
4 minute read
4 minute read
By Thomas Spigolon
4 minute read
Patrick Smith|December 18, 2023
The firm's moves are consistent with a slew of large law firms making staff and associate cuts in 2023, as firms focused on efficiency, outsourcing and productivity in a year of declining demand.
8 minute read
Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.