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Highlights from the 2023 Legal Trends for Mid-Sized Law Firms Report

Clio

For example, while mid-sized firms’ utilization rates (the number of hours put toward billable work as measured against an eight-hour workday) climbed slowly from 2019 to 2021, they dropped in 2022. Despite this increase in billable amounts among mid-sized law firms, the performance gap between mid-sized firms and smaller firms is shrinking.

article thumbnail

Highlights from the 2023 Legal Trends for Mid-Sized Law Firms Report

Clio

For example, while mid-sized firms’ utilization rates (the number of hours put toward billable work as measured against an eight-hour workday) climbed slowly from 2019 to 2021, they dropped in 2022. Despite this increase in billable amounts among mid-sized law firms, the performance gap between mid-sized firms and smaller firms is shrinking.