Philly Law Firms Are Number One, All Hail Philly Law Firms

Everyone’s been hit by the ongoing recession in some way, and our nation’s many law firms are no different. But not Philly’s law offices — oh, no. According to a recent survey by Wells Fargo’s legal specialty group, law firms nationally saw only a 1.5 percent increase in growth, while Philly firms saw increases upward of 3 percent. Woo-hoo!

So how’d they do it? Well, Philly’s law firms are willing to law you up on the cheap. On average, they charge less per hour than firms in cities like Washington or New York — a perfect gotcha for those money-conscious defendants who don’t want to blow their stack on something silly like legal council. The result has been a trimming of the large associate staff stables that New York firms often hold, proving once again that in Philly, less really is more. [Philly.com]