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Aggressive Rate Hikes, Strong 4th Quarter Collections Drive ...

Philadelphia law firms largely fell in line with national market trends according to the results of Wells Fargo's 2023 end of year report, which showed firms across the nation raising rates and accelerating revenue growth while facing moderately increasing expenses.The survey analyzed data from over 130 law firms scattered across the AmLaw 200 alongside a group of more regional firms. Of the 130 firms surveyed, six were rooted in Philadelphia, and all were part of the AmLaw 200.

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January 31, 2024, 2:30 PM

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