By Patrick J. McKenna, McKenna Associates Inc. and
Michael B. Rynowecer, President of The BTI Consulting Group
Even the pessimists are upbeat. 26% of law firm leaders say 2024 is going to be an excellent year – firm growth and profits will take a healthy leap. Another 48% expect a good year – performance will improve and stay strong. The remainder – the pessimists, see a year of steady state – performance will match 2023. In short law firms’ leaders are more optimistic than not.
But this is just the opening act in terms of expectations and plans – we invite you to examine the detailed results of our newest survey.