The recent Q1 2024 Law Firm Financial Index Report showed promise with several positive trends for the large law firm market, putting the quarter in favorable standing compared to previous years. Some of the fundamentals underlying that strength, however, are notably different than in years past. In our latest Thomson Reuters Institute Insights podcast, Brent Turner from Thomson Reuters Advisory Service and Bryce Engelland, an analyst with the Thomson Reuters Institute, discusses the findings in the Q1 LFFI Report and the broader context of their meaning for the market.