Demand for legal services continued to fall during the first quarter of 2009, according to the latest Hildebrandt International Peer Monitor Index. The index, released on May 11, tracks demand for legal services, attorney productivity, billing rates and direct and overhead expenses at law firms in 33 markets to gauge the overall health of the industry and identify trends. The decline was sharp in January and February but flattened somewhat in March — potentially a sign that the downward trend has bottomed out, according to the report.
Law business index reports ugly first-quarter results
The National Law Journal
May 11, 2009
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