Ed.
note:
Welcome
to
our
daily
feature,
Quote
of
the
Day.
It’s
going
to
be
one
of
the
strongest
years
on
record.
There
is
a
lot
of
good
news
in
these
nine
months
of
results.
—
Gretta
Rusanow,
managing
director
and
head
of
advisory
services
at
Citi
Law
Firm
Group,
in
comments
given
to
Bloomberg
Law,
on
Biglaw’s
boosted
revenue
through
the
first
three
quarters
of
2024
compared
to
last
year.
“We
continue
to
see
demand
momentum
build
from
one
quarter
to
the
next,”
Rusanow
said.
Per
Citi’s
figures,
law
firm
revenue
grew
about
12%,
with
the
biggest
firms
posting
the
biggest
gains,
at
14%
for
the
top
50
largest
firms.
Demand
at
the
50
largest
firms
grew
3.6%,
with
productivity
climbing
by
2.9%.
Staci
Zaretsky is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
tips,
questions,
comments,
or
critiques.
You
can
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and
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or
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her
on
LinkedIn.