The Law Firm Leaders Survey 2011
Still smarting from the recession and global competition, U.S. firms had been hoping for stability in 2011. What they got instead — as shown by The American Lawyer’s latest survey of Am Law 200 firm leaders — were slow-paying clients, struggling transactional practices and, if they’re lucky, the prospect of modest billing increases in the months ahead. Amid all the challenges and the economic uncertainty, firms are stepping up efforts to differentiate themselves from the competition.
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