The research into the 178 practices concludes that both profit and revenue growth will be lower this year compared to last year. Among the firms that took part were 83 Am Law practices, 42 from the 101-200 law firm range and 53 niche or boutique firms.
Confidence
Last month, Citi found confidence dropping for the third consecutive quarter among law firm managing partners in the US. Source: Bloomberg Business of Law
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