{"id":2412,"date":"2024-08-27T00:30:12","date_gmt":"2024-08-27T00:30:12","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/elite-law-firms-pushed-industry-gains-in-first-half-of-2024\/"},"modified":"2024-08-27T00:30:12","modified_gmt":"2024-08-27T00:30:12","slug":"elite-law-firms-pushed-industry-gains-in-first-half-of-2024","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/elite-law-firms-pushed-industry-gains-in-first-half-of-2024\/","title":{"rendered":"Elite Law Firms Pushed Industry Gains in First Half of 2024"},"content":{"rendered":"\n<div>\n<p>Evidence of a historically strong year for the legal industry is mounting, with another bank report this week finding law firms experienced \u201camong the best first halves\u201d they\u2019ve seen in years in 2024 and billing rate growth again pushing revenue higher.<\/p>\n<p>Law firms overall notched an 11.4% increase in revenue during the first six months of 2024, more than doubling their gains relative to the same time period last year, according to the Wells Fargo Legal Specialty Group, as yet another strong rise in billing rates (8.8%) and an acceleration in demand (3.1%) fueled growth.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Evidence of a historically strong year for the legal industry is mounting, with another bank report this week finding law firms experienced \u201camong the best first halves\u201d they\u2019ve [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3179,191,3181,137,153,3180],"class_list":["post-2412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-elite","tag-firms","tag-gains","tag-industry","tag-law","tag-pushed"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/2412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=2412"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/2412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/2413"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=2412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=2412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=2412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}