Average gross revenues at Florida law firms are still outpacing national trends, but average expenses at these firms are also surpassing national figures, according to a nationwide survey studying the health of the legal industry in the first half of 2023.

Gross revenue climbed by 4.4% nationally for law firms, while Florida’s firms grew revenue by 6.2%, the highest of any region singled out in a new mid-year survey conducted by the Wells Fargo Legal Specialty Group. But with Florida law firms also seeing the highest headcount increases during a time when law firms are already bloated with talent, the Sunshine State also saw the biggest expenses by far.

This content has been archived.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]