{"id":160848,"date":"2026-08-18T16:20:08","date_gmt":"2026-08-19T00:20:08","guid":{"rendered":"https:\/\/xira.com\/p\/2026\/08\/18\/biglaw-revenue-jumps-double-digits-as-demand-remains-strong\/"},"modified":"2026-08-18T16:20:08","modified_gmt":"2026-08-19T00:20:08","slug":"biglaw-revenue-jumps-double-digits-as-demand-remains-strong","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2026\/08\/18\/biglaw-revenue-jumps-double-digits-as-demand-remains-strong\/","title":{"rendered":"Biglaw Revenue Jumps Double Digits As Demand Remains Strong"},"content":{"rendered":"

Ed. note<\/u>: Welcome to our daily feature,\u00a0Quote of the Day<\/a>.<\/em><\/p>\n

We anticipate it is going to be a strong year for the industry despite the expense pressures. Early indications suggest demand continues to be strong in the third quarter as well.<\/strong><\/p>\n

\u2014<\/i><\/span> Daniel Greenfield, a director in Citi\u2019s law firm advisory group, in comments given to Bloomberg Law<\/a>, on the latest findings from the Citi Global Wealth at Work Law Firm Group. According to the report, law firms saw revenue grow 11.7% during the first half of the year, while demand increased 4.2% \u2014 well above the historical average of 1.5% to 2%. Total expenses, meanwhile, rose 9.7%, with increased investment in AI contributing to the jump.<\/em><\/strong><\/p>\n

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Staci Zaretsky<\/a> is 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 email<\/a> her with any tips, questions, comments, or critiques. You can follow her on Bluesky<\/a>, X\/Twitter<\/a>, and Threads<\/a>, or connect with her on LinkedIn<\/a>.<\/em><\/strong><\/p>\n

The post Biglaw Revenue Jumps Double Digits As Demand Remains Strong<\/a> appeared first on Above the Law<\/a>.<\/p>\n

\"\"<\/figure>\n

Ed. note<\/u>: Welcome to our daily feature,\u00a0Quote of the Day<\/a>.<\/em><\/p>\n

We anticipate it is going to be a strong year for the industry despite the expense pressures. Early indications suggest demand continues to be strong in the third quarter as well.<\/strong><\/p>\n

\u2014<\/i> Daniel Greenfield, a director in Citi\u2019s law firm advisory group, in comments given to Bloomberg Law<\/a>, on the latest findings from the Citi Global Wealth at Work Law Firm Group. According to the report, law firms saw revenue grow 11.7% during the first half of the year, while demand increased 4.2% \u2014 well above the historical average of 1.5% to 2%. Total expenses, meanwhile, rose 9.7%, with increased investment in AI contributing to the jump.<\/em><\/strong><\/p>\n

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\"\"
<\/figcaption><\/figure>\n

Staci Zaretsky<\/a> is 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 email<\/a> her with any tips, questions, comments, or critiques. You can follow her on Bluesky<\/a>, X\/Twitter<\/a>, and Threads<\/a>, or connect with her on LinkedIn<\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Ed. note: Welcome to our daily feature,\u00a0Quote of the Day. We anticipate it is going to be a strong year for the industry despite the expense pressures. Early indications suggest demand continues to be strong in the third quarter as well. \u2014 Daniel Greenfield, a director in Citi\u2019s law firm advisory group, in comments given […]<\/p>\n","protected":false},"author":3,"featured_media":160849,"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-160848","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\/08\/Staci-Zaretsky-btJUoZ.jpg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/160848","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=160848"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/160848\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/160849"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=160848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=160848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=160848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}