The law professor at Tennessee University says that the average sole practitioner in the US has seen a 34% decline in buying power from their earnings. In his book, he adds: 'The years from 2008 to 2011 have been bad for law partners. They have seen almost a 16 percent decrease in real earnings over just a three-year period, easily the worst stretch in the 44 years of data.'  Source: Bench & Bar of Minnesota

GC Futures Summit

The professor is one of the speakers at the GC Futures Summit on 9 November in London.