What Goes Up, Must Come Down – And Sometimes, That Includes Biglaw Profits

Ed. note: Welcome to our daily feature, Trivia Question of the Day!

Which firm had a booming 50% profitability boost in 2021, followed by a 14% revenue drop in 2022?

Hint: The top 50 Am Law firm’s CEO had this to say about the up-and-down nature of the firm’s financials: “The better your 2021 was, the harder your 2022 was going to be.”

See the answer on the next page.

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 follow her on Twitter or connect with her on LinkedIn.