Law Firm Profitability Expected to Be Stable for 2020 Despite Decreased Revenue

Economists are increasingly gravitating to the concept of a "K-shaped" recovery following the steep plunge of the early days of the coronavirus crisis. With a slight tweak, that "K" may well serve as a useful depiction of law firm profitability in 2020: just add a horizontal third line at the center.

7 minute read October 01, 2020 at 12:05 AM
By
Dan Packel
Law Firm Profitability Expected to Be Stable for 2020 Despite Decreased Revenue

Economists are increasingly gravitating to the concept of a "K-shaped" recovery following the steep plunge of the early days of the coronavirus crisis.

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