Philadelphia has announced cuts to its business and wage taxes, leaving local law firm leaders optimistic about the long-term impacts on their firms should the city continue to cut taxes and pursue further economic growth, but dismissive of any immediate benefits.
Conversations with local leaders suggested a wide variety of potential impacts under the new fiscal year 2023 budget, including increased office attendance, potential clients moving back into the city, and current clients seeing growth resulting in more work for everyone involved.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
