Ed.
note:
Welcome
to
our
daily
feature,
Quote
of
the
Day.
We
can
expect
to
see
an
improved
demand
environment
in
our
full-year
numbers
and
a
decent
end
to
the
year.
—
Gretta
Rusanow,
managing
director
and
head
of
advisory
services
at
Citi’s
Law
Firm
Group,
in
comments
given
to
Bloomberg
Law,
concerning
the
data
found
in
the
group’s
latest
report.
Law
firm
revenue
is
up
11%,
while
demand
grew
is
up
1%
compared
to
six
months
ago.
Inventory
(i.e.,
bills
to
be
collected)
is
12.1%
in
the
first
half
of
2025,
indicating
strong
growth
for
the
rest
of
the
year.
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.