Ed. note: Welcome to our daily feature, Quote of the Day.
We also anticipate the return of M&A, corporate and transactional work broadly across all segments, as interest rates continue to fall and market conditions improve. We expect that 2025 will be a very good year for law firms.
— An excerpt from the 2025 Citi Hildebrandt Client Advisory, which details the legal industry’s strong footing as 2024 draws to a close, with even higher hopes for what 2025 will look like. As further noted by one of the report’s authors, Gretta Rusanow, head of advisory services for Citi’s Global Wealth at Work Law Firm Group, “there’s a growth mindset among firms that we’re likely to see continue into next year.”
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 Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.