Law firms are on track to post “one of the strongest years we see” in 2024, according to a recent report that noted significant demand and productivity growth, along with double-digit revenue growth during the first six months of the year.
Citi’s Global Wealth at Work Law Firm Group indicated that the industry has continued its positive momentum from the first quarter, despite some increases in expenses and a slowdown in headcount growth. When first reported, the group found that “all signs point to a positive 2024.” For more details, you can read the full report here.