According to a midyear report by Wells Fargo's legal specialty group, Am Law 100 firms saw revenue grow by 4.1 percent during the first six months of 2015, though firm leaders are anxious that demand has not kept up with that pace.
August 31, 2015 at 06:39 PM
1 minute read
The original version of this story was published on The American Lawyer
Gross revenue at Am Law 100 firms was up by 4.1 percent, while firms in the Second Hundred saw revenue grow at a more modest 2.65 percent during the first half of 2015, according to a survey by Wells Fargo Private Bank’s legal specialty group.
The good news was paired with the more sobering report that demand is only up by 1.7 percent for The Am Law 100 and is flat among the Second Hundred, suggesting that the revenue growth is fueled by rate increases rather than new work.
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