Ed. word: Welcome to our each day function, Quote of the Day.
We knew the pendulum would begin to swing again after we set low tide marks the final couple of quarters.
— William Josten, supervisor for enterprise authorized content material on the Thomson Reuters Institute, in feedback given to Reuters, on the outcomes of the most recent Law Firm Financial Index, which tracks key monetary metrics throughout massive and midsize regulation companies. The LFFI rose 14 factors in 2023’s first quarter, the primary enhance because the second quarter of 2021, with demand up by 0.1%, whereas charges surged by ~5.5%.
Staci Zaretsky is a senior editor at Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be happy to email her with any suggestions, questions, feedback, or critiques. You’ll be able to comply with her on Twitter or join together with her on LinkedIn.