US law firms post small revenue rise in 2013

A 2.7 per cent increase in earnings has been earned by US law firms in the first nine months of 2013, according to Citi Private Bank's Law Watch report.

Growth reported by CitiGroup Sergey Nivens

.A number of firms shows this rise in income in comparison with the same period of 2012. Citi Private Bank is somewhat optimistic about prospects for legal practices in the year to come for three main reasons - an increase in demand from clients, slightly smaller partner numbers and firms managing to keep their expenses bill more or less flat. Source: Law360

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