Confidence and deal activity points the right way

Two pieces of research this week give as good an indication as any of the mood and fortunes of commercial law firms as they face up to 2010, somewhat anxiously but also thoroughly glad to be seeing the back of a brutal 2009. Those are our quarterly business confidence poll and figures from our M&A research provider, Mergermarket, on activity levels within the transactional practices that drive the UK’s largest law firms.