Business confidence among the UK's top lawyers has dropped from sky-high levels to its lowest rate in almost five years in the clearest indication yet that City partners expect shifts in the global economy to hit the legal sector. The quarterly Legal Week/EJ Legal business confidence poll shows 30% of partners are expecting double-digit revenue growth over the next 12 months, down from last year's high of 70% and significantly down from 66% last quarter.
January 16, 2008 at 07:28 PM
1 minute read
The original version of this story was published on Legalweek
Business confidence among the UK’s top lawyers has dropped from sky-high levels to its lowest rate in almost five years in the clearest indication yet that City partners expect shifts in the global economy to hit the legal sector.
The quarterly Legal Week/EJ Legal business confidence poll shows 30% of partners are expecting double-digit revenue growth over the next 12 months, down from last year’s high of 70% and significantly down from 66% last quarter.
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