Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The 2011 Client Advisory from consultants Hildebrandt Baker Robbins and Citi Private Bank released earlier this month predicted that this year would bring only modest gains for the legal sector, with most firms needing to get creative in order to avoid losses.

The report, which relied on data current through 2010′s third quarter, pointed to slimmer partner ranks, alternative billing models, and outsourcing as potential ways for firms to keep their operations austere in uncertain times. After a two-year lull in demand for legal services, the report’s author, James Jones, told the Am Law Daily that the market had stabilized but that firms wouldn’t see substantial growth unless the demand for legal service increased to pre-recession levels.

This content has been archived.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 Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

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]


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.