Nearly two-thirds of senior lawyers expect revenue at their own firm to be down annually in 2008-09, according to Legal Week research. The poll, based on responses from 100 partners, found that 59% are expecting falls in revenue at their own firm in 2008-09 compared with last year, with 24% expecting increases and 17% expecting revenue to stay flat. More than a quarter of respondents thought revenues would be down annually by between 15% and 10%.
May 21, 2009 at 06:28 AM
1 minute read
The original version of this story was published on Legalweek
Nearly two-thirds of senior lawyers expect revenue at their own firm to be down annually in 2008-09, according to Legal Week research.
The poll, based on responses from 100 partners, found that 59% are expecting falls in revenue at their own firm in 2008-09 compared with last year, with 24% expecting increases and 17% expecting revenue to stay flat. More than a quarter of respondents thought revenues would be down annually by between 15% and 10%.
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