Pandemic Be Damned, Year-End Collections Are Steady (So Far)

attorney client contractPhoto: fizkes/Shutterstock.com

Despite the great anxiety that roiled the legal industry throughout 2020, fee collections at law firms have largely returned to pre-pandemic levels as the fourth quarter comes to a close, law firm leaders and industry observers said, thanks to the successful shift to remote work and a diversity of practice areas bringing in revenue. As 2020 ends, many firms are now preserving resources to give themselves a head start in 2021.