As the Dollar Tumbles, Firms Watch, Wait

U.S. law firms with foreign offices are watching the dollar's slumping exchange rate with a wary eye, but most say they plan to ride out the economic bumps -- at least for now -- without making major changes to their overseas operations. A long-term decline could create unrest among overseas attorneys whose compensation may be losing ground and may mean less work for foreign offices serving U.S. clients, if those clients begin to pull their flabby dollars from other countries.

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