TBA Law Blog


Posted by: Stacey Shrader Joslin on Nov 18, 2025

Large and midsized U.S. law firms enjoyed a “sharp spike” in client demand during the third quarter, setting the stage for a profitable 2025, according to a new analysis of firm financial data from the Thomson Reuters Institute. The institute also found that overall demand was up 3.9% from the third quarter of 2024 — the fourth-highest quarterly increase of the past 20 years and the highest outside of 2021’s rapid post-pandemic rebound. Read more about the latest finding in the institute’s Law Firm Financial Index from Reuters.