The Sinking Profitability Of Biglaw
It's been a long slide for law firm profitability.
Ed. Note: Welcome to our daily feature Trivia Question of the Day!
According to the Q4 2022 Thomson Reuters Law Firm Financial Index, for how many quarters in a row has law firm profitability fell?
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Hint: Profits per lawyer went down 4.5 percent in 2022 Q4 over Q3 on a rolling 12-month basis.
See the answer on the next page.
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