Amid a “Great Resignation” and lingering uncertainty surrounding COVID-19, law firms had “one of the strongest years on record” in 2021, according to a new report.

The Citi Hildebrandt 2022 Client Advisory, published Thursday, found an average revenue increase of 14.7% and demand increase of 6.6% across all segments of the Am Law 200 and beyond, and with relatively tame expenses concluded net income and profits per equity partner could also reach heights not seen since before the global financial crisis in the late 2000s.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]