Legal Economics

Firm Financials & Demand

Wells Fargo data shows revenue strength with collection drag

Global Legal Post reports Wells Fargo Legal Specialty Group data showing top 200 US firm revenue up 12.

BY ECONOMICS DESK · MAY 28, 2026 · 1 MIN READ

Global Legal Post reports Wells Fargo Legal Specialty Group data showing top 200 US firm revenue up 12.6% in 2025, average standard rates up 9.6% and demand up 3.5%. But inventory grew 15.9% and collection cycles slowed by 3.5 days overall, making cash conversion and realization as important as headline rate growth.

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