Law firm revenues are breaking records, but what might be holding them back?
About this episode
The episode discusses the paradox of record law firm revenues alongside a stagnant Law Firm Financial Index.
In the latest episode of our " Clarity" podcast, the Thomson Reuters Institute's Bryce Engelland and Zach Warren discuss why the Law Firm Financial Index (LFFI) is sitting at a dead-average 55 even as law firm revenues break records. The pair unpacks the Q1 2026 numbers and examines what might be keeping the large law firm industry and the LFFI from hitting truly stratospheric heights.
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