Law Practice
Feb. 17, 2012
Law firms face tough decisions in 2012
Law firms may find this year to be even more difficult to boost profitability than 2009, when the legal industry had to recalibrate in the immediate aftermath of the U.S. economic downturn.
Daily Journal Staff Writer
Law firms may find this to be an even more difficult year to boost profitability than 2009, when the legal industry had to recalibrate in the immediate aftermath of the U.S. economic downturn.
That bleak diagnosis comes from a report released Wednesday by Citi Private Bank's law firm group and the Hildebrandt Institute.
In 2009 when revenues were sagging, law firms responded with several c...
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