Managing partners nationwide expect a weak 2008 to bring fewer equity partner promotions, longer hours and higher rates, according to a new survey released Wednesday. Citi Private Bank's Managing Partner Confidence Index found that overall confidence fell nearly 20 percent in 2007, dropping by larger amounts each quarter. Top law firm consultant Bradford Hildebrandt, whose consulting firm will release its own 2008 forecast soon, says the blue mood is probably going to prove justified.
New Survey Shows Law Firm Leaders Gloomy About 2008
January 18, 2008