{"id":161521,"date":"2026-08-26T12:14:53","date_gmt":"2026-08-26T20:14:53","guid":{"rendered":"https:\/\/xira.com\/p\/2026\/08\/26\/biglaw-firms-have-plenty-to-celebrate-as-revenue-soars\/"},"modified":"2026-08-26T12:14:53","modified_gmt":"2026-08-26T20:14:53","slug":"biglaw-firms-have-plenty-to-celebrate-as-revenue-soars","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2026\/08\/26\/biglaw-firms-have-plenty-to-celebrate-as-revenue-soars\/","title":{"rendered":"Biglaw Firms Have Plenty To Celebrate As Revenue Soars"},"content":{"rendered":"

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

It\u2019s a very strong market. [Collections in the second half of the year will] determine the extent to which \u200bthis is just a good year or a great \u200byear.<\/strong><\/p>\n

\u2014<\/i><\/span> Owen Burman, a \u200bsenior consultant and managing director of the Wells Fargo Legal Specialty Group, in comments given to Reuters<\/a>, concerning its survey of more than 140 law firms, which revealed that revenue at Biglaw firms grew 12.4% on average during the first six months of the year. On top of that, demand saw growth of 4.8%, which Burman said is \u201cnear the highest the group has seen.\u201d<\/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

The post Biglaw Firms Have Plenty To Celebrate As Revenue Soars<\/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

It\u2019s a very strong market. [Collections in the second half of the year will] determine the extent to which \u200bthis is just a good year or a great \u200byear.<\/strong><\/p>\n

\u2014<\/i> Owen Burman, a \u200bsenior consultant and managing director of the Wells Fargo Legal Specialty Group, in comments given to Reuters<\/a>, concerning its survey of more than 140 law firms, which revealed that revenue at Biglaw firms grew 12.4% on average during the first six months of the year. On top of that, demand saw growth of 4.8%, which Burman said is \u201cnear the highest the group has seen.\u201d<\/em><\/strong><\/p>\n

\n
\"\"
<\/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. It\u2019s a very strong market. [Collections in the second half of the year will] determine the extent to which \u200bthis is just a good year or a great \u200byear. \u2014 Owen Burman, a \u200bsenior consultant and managing director of the Wells Fargo Legal Specialty Group, […]<\/p>\n","protected":false},"author":3,"featured_media":161522,"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-161521","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-iLrxCW.jpg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/161521","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=161521"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/161521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/161522"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=161521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=161521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=161521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}