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The Pro Bono Report: No Excuses for Firms With Falling Pro Bono, Declining Revenue

Wednesday, July 22, 2009

Until last year, pro bono hours and financial performance have steadily increased at Am Law 200 firms. And while the economic meltdown has halted ever-improving profit margins, pro bono hours continued their rise in 2008 at the nation's 200 highest-grossing firms. Last year, lawyers at these firms spent an average of 61 hours on pro bono matters, more than a seven-hour increase since 2007. However, the divergent pro bono commitment and financial performance arrows weren't the story at every firm. At some firms both arrows were pointed in the same direction: down.

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