Law firm revenue climbed 12.4% in the first half of 2026, according to a new Wells Fargo survey of more than 140 firms.

Demand rose, billing rates climbed, and productivity improved.

And AI-related work is starting to show up as a real growth driver.

There is one wrinkle:

Collections are slowing, even as firms keep generating more work.

For lawyers, the numbers offer a useful snapshot of where the business of law is heading right now — and why some firms are pulling ahead.

-The Legal Brief