Partner confidence on the rise, says Citi survey

According to a survey conducted by Citi Private Bank's Law Firm Group, law firm managing partner confidence about the legal services market has risen over the first quarter of 2014.

Law firm managing partner confidence has risen over the first quarter of 2014. Goran Bogicevic

Out of 200 points, the survey found that the confidence levels rose to 115 - 6 points over the past three months.  75% of survey respondents predicted growth in the year ahead, whilst 25% predicted growth as large as 5-10%.  The survey suggests that the partners’ heightened confidence indicates the legal services market is on the rebound.  Source: American Lawyer

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