That was then, this is now
Almost all law firms prospered in the bull economy of the late 1990s. But as economic growth grinds to a halt, it may now become a case of 'survival of the fittest' writes Derek Bedlow
The final years of the 20th century were good ones for the legal profession. Almost a decade of unbroken economic growth, the e-commerce boom, ever-growing EU regulation and competition law, the restructuring of European industry and globalisation led to a demand for lawyers like never before.
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