Despite Declining Demand, DC Law Firms Still See ‘Strong’ Revenue Growth
According to Citi’s first-half survey, D.C. law firms are facing demand challenges as the new administration affects the pipelines for investigations, compliance, and regulatory work.
Despite this, D.C. businesses saw double-digit revenue growth because they gently increased their workforce and effectively managed their expenses. Firms in D.C. say they have a positive view for the remainder of the year.