"The incremental demand has really come from the transactional practices—capital markets, private equity, and fund formation. That trend started in the late third quarter of last year.”
August 29, 2024 at 05:05 PM
3 minute read
New York City-based law firms outpaced the rest of the U.S. legal market in revenue, net income, profits per equity partner, demand, rate, and collection growth this year as they saw a record-breaking first half of 2024, according to new data from Wells Fargo’s Mid-Year Survey.
Altogether, 18 firms headquartered in New York City and 130 firms nationwide participated in the survey this year.
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