Ed.
note:
Welcome
to
our
daily
feature, Quote
of
the
Day.
We
were
kind
of
toying
with
wording
at
the
nine-month
mark,
saying
depending
on
how
collections
are,
if
you
think
it
would
be
a
good
year
or
a
great
year,
and
I
think
it
came
out
to
be
a
very
good
year
for
the
industry.
Depending
on
how
the
policy
changes
play
out,
if
the
economy
holds
up,
everything’s
in
place
for
continuation
as
we
speak.
— Owen
Burman,
senior
consultant
with
Wells
Fargo’s
Legal
Specialty
Group,
in
comments
given
to
the
American
Lawyer,
concerning
the
legal
industry’s
“surging”
revenue
and
profits
over
the
course
of
2025.
Revenue
was
up
by
12.6%,
while
profit
per
equity
partner
was
up
14.8%
on
average,
with
Am
Law
50
firms
seeing
even
higher
gains.
Staci
Zaretsky is
the
managing
editor
of
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 Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.