If law firms are hoping that announcing their worst financial results since the early 1990s recession will cut them more slack with cost-conscious clients, they had better think again. From discussions of clients’ impressions of profits generated at major U.K. law firms, it’s clear that general counsel believe that large law firms are still doing very nicely by most yardsticks.
[via GCs Say Law Firms Have Little Cause for Complaint.>
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