{"id":142907,"date":"2026-01-29T16:55:39","date_gmt":"2026-01-30T00:55:39","guid":{"rendered":"https:\/\/xira.com\/p\/2026\/01\/29\/2025-was-a-very-good-year-for-biglaw-and-if-the-economy-holds-up-2026-could-be-too\/"},"modified":"2026-01-29T16:55:39","modified_gmt":"2026-01-30T00:55:39","slug":"2025-was-a-very-good-year-for-biglaw-and-if-the-economy-holds-up-2026-could-be-too","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2026\/01\/29\/2025-was-a-very-good-year-for-biglaw-and-if-the-economy-holds-up-2026-could-be-too\/","title":{"rendered":"2025 Was A \u2018Very Good Year\u2019 For Biglaw, And \u2018If The Economy Holds Up,\u2019 2026 Could Be Too"},"content":{"rendered":"<p><em><u>Ed. note<\/u>: Welcome to our daily feature,\u00a0<a href=\"https:\/\/abovethelaw.com\/tag\/quote-of-the-day\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Quote of the Day<\/a>.<\/em><\/p>\n<p class=\"has-large-font-size\"><strong>We were kind of toying with wording at the nine-month mark, saying depending on how collections are, if you think it would be a good year or a great year, and I think it came out to be a very good year for the industry. <\/strong><\/p>\n<p class=\"has-large-font-size\"><strong>Depending on how the policy changes play out, if the economy holds up, everything\u2019s in place for continuation as we speak.<\/strong><\/p>\n<p class=\"has-large-font-size\"><strong><em>\u2014\u00a0Owen Burman, senior consultant with Wells Fargo\u2019s Legal Specialty Group, in comments given to the <a href=\"https:\/\/www.law.com\/americanlawyer\/2026\/01\/28\/revenue-and-profits-surge-across-industry-as-am-law-50-firms-see-higher-gains-\/\" rel=\"nofollow noopener\" target=\"_blank\">American Lawyer<\/a>, concerning the legal industry\u2019s \u201csurging\u201d revenue and profits over the course of 2025. Revenue was up by 12.6%, while profit per equity partner was up 14.8% on average, with Am Law 50 firms seeing even higher gains.<\/em><\/strong><\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n<figure class=\"wp-block-image alignright\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" width=\"150\" height=\"100\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2016\/11\/Staci-Zaretsky.jpg?resize=150%2C100&#038;ssl=1\" alt=\"\" class=\"wp-image-66762\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p><strong><em><a href=\"https:\/\/abovethelaw.com\/author\/staci-zaretsky\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to\u00a0<a href=\"mailto:staci@abovethelaw.com\" target=\"_blank\" rel=\"noreferrer noopener\">email<\/a>\u00a0her with any tips, questions, comments, or critiques. You can follow her on\u00a0<a href=\"https:\/\/bsky.app\/profile\/stacizaretsky.bsky.social\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bluesky<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">X\/Twitter<\/a>, and\u00a0<a href=\"https:\/\/www.threads.net\/@stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Threads<\/a>,\u00a0or connect with her on\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/staci-zaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">LinkedIn<\/a>.<\/em><\/strong><\/p>\n<p>The post <a href=\"https:\/\/abovethelaw.com\/2026\/01\/2025-was-a-very-good-year-for-biglaw-and-if-the-economy-holds-up-2026-could-be-too\/\" rel=\"nofollow noopener\" target=\"_blank\">2025 Was A \u2018Very Good Year\u2019 For Biglaw, And \u2018If The Economy Holds Up,\u2019 2026 Could Be Too<\/a> appeared first on <a href=\"https:\/\/abovethelaw.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Above the Law<\/a>.<\/p>\n<p><em><u>Ed. note<\/u>: Welcome to our daily feature,\u00a0<a href=\"https:\/\/abovethelaw.com\/tag\/quote-of-the-day\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Quote of the Day<\/a>.<\/em><\/p>\n<p class=\"has-large-font-size\"><strong>We were kind of toying with wording at the nine-month mark, saying depending on how collections are, if you think it would be a good year or a great year, and I think it came out to be a very good year for the industry. <\/strong><\/p>\n<p class=\"has-large-font-size\"><strong>Depending on how the policy changes play out, if the economy holds up, everything\u2019s in place for continuation as we speak.<\/strong><\/p>\n<p class=\"has-large-font-size\"><strong><em>\u2014\u00a0Owen Burman, senior consultant with Wells Fargo\u2019s Legal Specialty Group, in comments given to the <a href=\"https:\/\/www.law.com\/americanlawyer\/2026\/01\/28\/revenue-and-profits-surge-across-industry-as-am-law-50-firms-see-higher-gains-\/\" rel=\"nofollow noopener\" target=\"_blank\">American Lawyer<\/a>, concerning the legal industry\u2019s \u201csurging\u201d revenue and profits over the course of 2025. Revenue was up by 12.6%, while profit per equity partner was up 14.8% on average, with Am Law 50 firms seeing even higher gains.<\/em><\/strong><\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n<figure class=\"wp-block-image alignright\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" width=\"150\" height=\"100\" src=\"https:\/\/i0.wp.com\/abovethelaw.com\/wp-content\/uploads\/sites\/4\/2016\/11\/Staci-Zaretsky.jpg?resize=150%2C100&#038;ssl=1\" alt=\"\" class=\"wp-image-66762\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p><strong><em><a href=\"https:\/\/abovethelaw.com\/author\/staci-zaretsky\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to\u00a0<a href=\"mailto:staci@abovethelaw.com\" target=\"_blank\" rel=\"noreferrer noopener\">email<\/a>\u00a0her with any tips, questions, comments, or critiques. You can follow her on\u00a0<a href=\"https:\/\/bsky.app\/profile\/stacizaretsky.bsky.social\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bluesky<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">X\/Twitter<\/a>, and\u00a0<a href=\"https:\/\/www.threads.net\/@stacizaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Threads<\/a>,\u00a0or connect with her on\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/staci-zaretsky\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">LinkedIn<\/a>.<\/em><\/strong><\/p>\n<p>The post <a href=\"https:\/\/abovethelaw.com\/2026\/01\/2025-was-a-very-good-year-for-biglaw-and-if-the-economy-holds-up-2026-could-be-too\/\" rel=\"nofollow noopener\" target=\"_blank\">2025 Was A \u2018Very Good Year\u2019 For Biglaw, And \u2018If The Economy Holds Up,\u2019 2026 Could Be Too<\/a> appeared first on <a href=\"https:\/\/abovethelaw.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Above the Law<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ed. note: Welcome to our daily feature,\u00a0Quote of the Day. We were kind of toying with wording at the nine-month mark, saying depending on how collections are, if you think it would be a good year or a great year, and I think it came out to be a very good year for the industry. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":142908,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-142907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2026\/01\/Staci-Zaretsky-IdytA0.jpg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/142907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=142907"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/142907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/142908"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=142907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=142907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=142907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}