The authorized business had an “unexpectedly affluent” second quarter, as an uptick in countercyclical practices like litigation offset a slowdown in M&A requirement — and smaller companies gained floor on the Am Legislation 100 — in line with a brand new report by Thomson Reuters.
The Legislation Agency Monetary Index’s quarterly replace, dubbed “The Eye of the Hurricane,” states that the typical demand elevated 1.6% for regulation companies, and labored charges had been up 7.4%.
However, because the report states, the “image turns into much more sophisticated after we take a look at every regulation agency section.”
The Am Legislation 100 noticed a 0.6% decline in demand progress, with the downturn most notable of their company practices. In the meantime, the Second Hundred and midsize companies “drastically accelerated their demand efficiency throughout most practices,” in line with the report.
Thomson Reuters notes that these metrics point out a “potential shift in shopper preferences in direction of extra specialised or cost-effective authorized options.”
Q2 2025 LFFI: The Eye of the Hurricane [Thomson Reuters]
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