1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
SeaWorld Being Investigated for Potential Fraud by Rosen Law Firm
SeaWorld Being Investigated for Potential Fraud by Rosen Law Firm
Samsung Settles False Claims Act Allegations for $2.3 Million
Samsung Settles False Claims Act Allegations for $2.3 Million
Texas Governor Rick Perry to be Booked on Criminal Charges
Texas Governor Rick Perry to be Booked on Criminal Charges
Police Chokehold Case Goes to Grand Jury
Police Chokehold Case Goes to Grand Jury
Job Listings

News Flash – The Economy was Bad in 2009!

facebooktwittergoogle_plusredditpinterestlinkedinmail

Hard as it may be for those who follow the legal profession to believe, the economy for the past year has been a tad rough. So says a slew of headlines, article and blog posts around the net this week. So before I fill you in on the predictions and prognostications of experts, allow me to look into my own crystal ball for a minute…

I predict that in the absence of any actual news, news organizations and blogs will run story after story about the economy for the next month, even when there are no new facts or figures to report. I predict that none of these stories will be the least bit surprising to anyone that didn’t pull a Rip Van Winkle this year. And lastly, I predict that we’ll all read them, looking for that nugget of hope to hang on to as the new year starts.

So now for the latest in what will likely be a long stream of similar articles: Citi Private Bank predicts that law firm revenues for the year are down by five to ten percent, despite increased 3rd quarter demand. Shocking, I know. From that nugget of news follows several dozen stories around the web dissecting and analyzing, predicting, speculating and well… I suppose mocking.

More surprising than the overall decline in revenue is this tidbit… Law firms that cater heavily to financial services clients are – wait for it – seeing larger revenue declines than most.

Check back tomorrow for our exclusive report on this years unexpectedly high number of dogs biting mailmen.

What

 job title, keywords

Where

 city, state, zip



Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


News Flash - The Economy was Bad in 2009! by

facebooktwittergoogle_plusredditpinterestlinkedinmail

Tagged: , , , , ,

Posted by on December 10, 2009. Filed under Home,Legal News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

 

 

Job of the Day
Contract Employment Law Litigation Attorney
USA-TX-Dallas

Our client is seeking our help finding an employment law litigation attorney with 5 years experience.  This is a long term contract position which has a high probability of converting to a direct...