A recent survey of national law firms done by Wachovia's Legal Specialty Group shows that despite some economic hardships, the Philadelphia market is faring significantly better than its counterparts across the country. The market's historically lower rate structure has better prepared the area for the economic downturn and has given it some breathing room in terms of having to make systemic changes to the law firm model, according to Wachovia.
It's Sunny for Philadelphia's Legal Market, Survey Shows
The Legal Intelligencer
December 1, 2009