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Instant Insights / Business, Tech and Regulation: What’s Ahead for the Legal Industry in 2019

We’re looking at the coming year in this Instant Insights, with previews of what law firms, in-house departments and public interest attorneys can expect. Take a few moments to gaze into our crystal ball.

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For U.S. law firms, 2018 stands as one of the strongest years in recent memory, with 5.5 percent revenue growth in the first half and equal or greater growth expected for the second half when all is said and done, according to Citi Private Bank Law Firm Group.

Some will assume that the industry’s marquee names are the beneficiaries of the remarkable results, and there is some truth to that, as the surge is concentrated within the Am Law 100. But firms in the tiers below have also enjoyed noticeable growth, in some cases outpacing the results claimed by the industry’s leaders.

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Michael Washburn

Michael Washburn, based in New York, covers the business of law firms, including areas such as compensation, governance, technology, expansion, corporate culture, and competition among firms.

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