In the current Armageddon-like market conditions, it would seem that prising information about financial results from reluctant law firm partners has never been more, ahem, challenging. A large proportion of the legal brotherhood are coming over all coy about revealing less-than-rosy figures, in the wake of several uninterrupted years of exponential increases in the amount of money being pocketed by partners. Either that, or law firms are reluctant to be seen to be profiting from client's misery in the current market - it also makes those pesky redundancies just that bit harder to justify.
November 12, 2008 at 07:04 PM
1 minute read
The original version of this story was published on Legalweek
In the current Armageddon-like market conditions, it would seem that prising information about financial results from reluctant law firm partners has never been more, ahem, challenging.
A large proportion of the legal brotherhood are coming over all coy about revealing less-than-rosy figures, in the wake of several uninterrupted years of exponential increases in the amount of money being pocketed by partners.
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