Law firm confidence dips as election looms
Recovering business confidence levels have stalled during the first quarter of 2010, as City partners face the coming months with lingering uncertainty, according to Legal Week research. Legal Week's quarterly business confidence survey, which canvasses senior lawyers on their outlook for the year ahead, found 7% of respondents predicting that fee income at their firm will see a double-digit percentage increase over the next 12 months, after 15% of respondents predicted as much three months ago.
Recovery in law firm confidence stalls as commercial firms await the results of the general election, although four out of five partners still expect growth in year ahead. Friederike Heine reports
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