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Law Firm Financials Are Looking A Little Less Depressing

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Ed. note: Welcome to our day-to-day attribute, Quote of the Day.

We understood the pendulum would certainly begin to turn back after we established reduced trend notes the last number of quarters.

— William Josten, supervisor for business lawful material at the Thomson Reuters Institute, in remarks offered to Reuters, on the outcomes of the most up to date Law Firm Financial Index, which tracks crucial monetary metrics throughout huge and also midsize law office. The LFFI climbed 14 factors in 2023’s initial quarter, the initial rise considering that the 2nd quarter of 2021, with need up by 0.1%, while prices rose by ~5.5%.

Staci ZaretskyStaci Zaretsky is an elderly editor at Above the Law, where she’s functioned considering that 2011. She’d like to speak with you, so please do not hesitate to email her with any type of ideas, inquiries, remarks, or reviews. You can follow her on Twitter or get in touch with her on LinkedIn.



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