Ed. be aware: Welcome to our day by day function, Quote of the Day.
We had been form of toying with wording on the nine-month mark, saying relying on how collections are, when you assume it will be 12 months or an awesome 12 months, and I believe it got here out to be an excellent 12 months for the trade.
Relying on how the coverage adjustments play out, if the financial system holds up, the whole lot’s in place for continuation as we communicate.
— Owen Burman, senior advisor with Wells Fargo’s Authorized Specialty Group, in feedback given to the American Lawyer, in regards to the authorized trade’s “surging” income and income over the course of 2025. Income was up by 12.6%, whereas revenue per fairness accomplice was up 14.8% on common, with Am Legislation 50 companies seeing even increased positive factors.
Staci Zaretsky is the managing editor of Above the Legislation, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to email her with any ideas, questions, feedback, or critiques. You may comply with her on Bluesky, X/Twitter, and Threads, or join along with her on LinkedIn.
