Law firms' focus on billing and collections, which increased in 2020 with the onset of COVID-19, helped boost inventory by 12.4% throughout the Am Law 200 this year and is likely to remain an emphasis for lawyers going forward, according to a recent report.
December 15, 2021 at 03:49 PM
4 minute read
Editorial
The original version of this story was published on The American Lawyer
One of the top drivers of revenue growth last year has again padded Big Law’s bottom line, especially for firms in the Second Hundred and beyond.
Law firms’ focus on billing and collections, which increased in 2020 with the onset of COVID-19, helped boost inventory by 12.4% throughout the Am Law 200 this year and is likely to remain an emphasis for lawyers going forward, according to a recent report.
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