By Thomas Spigolon | August 30, 2023
In the first half of 2023, operating expenses were up 16% for the Atlanta firms, compared with 10% for all firms, according to Citi.
5 minute read
By Amanda O'Brien | August 25, 2023
New data from Citi Private Bank Law Firm Group shows that Philadelphia had the third highest expense growth of any of the country's regions through the first half of 2023.
4 minute read
By Andrew Maloney | August 25, 2023
Midsize law firms are seeing faster demand growth than big firms. But this segment of the market is still vulnerable to large, existential threats.
6 minute read
By Jessie Yount | August 24, 2023
California-based law firms delivered better revenue and net income growth in the first half of the year, with Southern California-born firms uplifting the results.
4 minute read
By Gloria Gomez-O'Rourke and Gretta Rusanow | August 24, 2023
Clients are slower to pay, but that means inventory is building. If firms start seeing checks come in, the second half of 2023 could be much more promising, Citi's midyear survey shows.
6 minute read
By Brenda Sapino Jeffreys | August 24, 2023
Fueled by energy work and litigation, demand grew marginally at Texas firms during the first six months of 2023, according to a new survey from Wells Fargo Legal Specialty Group, even as demand growth for the industry declined when compared with the same period in 2022.
3 minute read
By Alexander Lugo | August 23, 2023
Firms based in the state continue to bring in business at an impressive clip, but their expenses in the first half of 2023 grew more than double the national rate.
3 minute read
By Amanda O'Brien | August 23, 2023
Owen Burman, a senior consultant and managing director with Wells Fargo, indicated that firms based in the city are likely catching up with their peers elsewhere in the country.
4 minute read
By Thomas Spigolon | August 23, 2023
Billing rate increases appeared to be the largest fuel for revenue growth, as demand in Atlanta was down 1.6%, compared to a 0.4% decrease for all firms nationally, according to Wells Fargo.
4 minute read
By Abigail Adcox | August 22, 2023
"The real standout was controlling the compensation line and that really helped D.C.-focused firms," said Wells Fargo's Owen Burman.
3 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
