During the past 2 years, we often heard the dire predictions about the profession that seem to accompany every downturn in the business cycle:
- “Corporate work will never come back to pre-recession levels.”
Law Firm Performance 2004 ' Highlights
For the industry as a whole, the economic performance of law firms in 2004 was quite good. Indeed, given the overall state of the national economy and the dire early predictions of some pundits, the performance of the industry was remarkable. Much of this positive performance was, of course, attributable to the continuing strength of litigation practices as well as, to a lesser extent, bankruptcy and reorganization activity.
By
Kenneth HildebrandtThis premium content is locked for LawJournalNewsletters subscribers only
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