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New York-based law firms outpace industry in first half of 2024

New York law firms outpaced the rest of the U.S. legal services market this year in terms of revenue, net income, earnings per equity partner, demand, rate increases and collection growth, posting a record first half of the year, according to new data from Wells Fargo’s Mid-Year Survey.

A total of 18 New York-based companies and 130 companies from across the country participated in this year’s study.