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Law Practice

Nov. 26, 2011

Fourth-quarter collections strong so far

Law firm managers aren't having as difficult of a time raking in collections during the first part of the fourth quarter as they have in recent years, a sign companies are adapting to the down economy, industry experts say.


By Casey Sullivan


Daily Journal Staff Writer


Law firm managers are having an easier time raking in fourth-quarter collections than they have in recent years - a sign companies are adapting to the down economy, industry experts say.


"No one has been caught by surprise in 2011 by the economy," said Bill Brennan of legal consultancy Altman Weil. "It's a major problem when you're geared up to deliver at 100 percent, and the...

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