Home

News Flash – The Economy was Bad in 2009!
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

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.

  
What
Where


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.

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!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Partner level Attorney with food and drug experience

USA-CA-San Francisco

San Francisco office of national firm is seeking partner or counsel level attorney (8-15 years) with...

Apply Now

Senior Litigation Associate Attorney

USA-CA-Los Angeles

Los Angeles office of a BCG Attorney Search Top Ranked Law Firm seeks Senior Litigation Associa...

Apply Now

Mid-level Litigation Attorney

USA-NY-New York City

New York City office of a BCG Attorney Search Top Ranked Law Firm seeks Mid-level Litigation At...

Apply Now

RELEVANT JOBS

Personal Injury Attorney

USA-CA-Chico

Full-Time Chico personal injury firm seeks attorney. The ideal candidate will have 5 to 10 years of ...

Apply now

Trial Lawyer / Attorney

USA-FL-Fort Myers

We are looking for a Lawyer / Attorney with experience in trial and insurance / personal injury. Pre...

Apply now

Legal Intern

USA-NY-New York City

Park Avenue law firm is seeking a second year law student for a summer internship.  Good resear...

Apply now

Senior Legal Assistant-Secretary

USA-NJ-Fairfield

We are currently seeking an experienced ( 5 years of experience as a minimum, legal experience) seni...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top