Firm Leaders Survey: Slow Growth on Tap for 2014
In a survey AmLaw 200 leaders the overall impression is of a market where work flows remain depressed—although moving in the right direction—with some bright spots in litigation and regulation and signs of recovery in corporate work. Firms are being run on a far leaner basis than they were before the crisis, but most have hit their limits on cost control. "We've played this game as an industry for a number of years where we've gotten leaner and meaner, but there's a limit on stripping out costs and lowering rates," saysCooley CEO Joe Conroy.
Read more: http://www.law.com/jsp/nj/PubArticleNJ.jsp?id=1202474835909&Firm_Leaders_Survey_Slow_Growth_on_Tap_for_2014#ixzz2mVlqCsCl
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