Joining the seeming legions of analysts who are offering their predictions for the global economy as a whole, and for the legal profession in particular, Paul Lippe pictures a scenario in which lawyers will see a 20 percent drop in firm revenues for the year 2011, compared to 2008. Where will all that "missing" money go? Lippe shines a spotlight on four areas in particular.
Law Firms' 2011 Scenario and the End of Leverage
The American Lawyer
February 11, 2009