California law firms reaped the rewards of their deep alignment with the tech and life sciences sectors in 2021, according to a new report that shows revenue and profit growth of firms born in the region outperformed all the other major legal markets in the U.S.

Revenue and net income increased 18% and 23%, surpassing the respective national averages of 14% and 19%, according to the Wells Fargo Private Bank Legal Specialty Group’s 2021 Year-End Check-In Survey.

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