New Legal Matters Dropped by 30% per Clio COVID-19 Impact Research

According to a new study by Clio, law firms have seen a drastic deceleration in new matter creation due to the COVID-19 pandemic.

Since the start of 2020, the number of new legal matters being opened each week has decreased by more than 30% compared to a baseline average of weekly matters opened during the first five weeks of 2020. When compared to the brief increase at the end of February, the number of new weekly matters dropped a total of 40%.

New Legal Matters Down

Hat tip to Bob Ambrogi’s LawSites which provides further analysis of Clio findings.