2010 has been a better year than 2009 for many Texas firms, as firm leaders across the state predict year-to-year growth in revenues and profits. Eighty percent of firm leaders expect increased profits for fiscal year 2010, according to Texas Lawyer 's annual Managing Partners Survey.
December 10, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Keeping a firm on track during a difficult economy requires flexibility, which Germer Gertz, a 58-lawyer firm based in Beaumont, Texas, demonstrated this year, as clients requested changes to their payment plans.
“Some still are monthly, which is great, and some are quarterly,” says managing partner Karen Bennett of clients’ payment plans. “Some changed to billing every six months; that hurts.”
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