Home » Law Firms » Peer Monitor — Law Firm Midyear Report

Peer Monitor — Law Firm Midyear Report

Source |2017-09-14T09:23:15+00:00Sep 6th, 2017|Categories: Post|Tags: , |0 Comments

In 2017 Q1, rates grew at mid-sized firms by 2.8% (while demand contracted -.7%) and AmLaw1 100 firms grew rates by 3.4% (with a 1.1% growth in demand). Clients are demanding more write-downs (4.2% in Q2 2016 vs. 4.4% in Q2 2017). Interestingly, write-offs increased 0.2% in the same recent period, while write-downs increased 0.4%. In terms of investment, higher performing firms grew technology investments by 3.2% while firms experiencing contraction increased only 1.2%.

Read the summary and download the report

Leave A Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.