Some legal industry observers believe law firms fall victim to complacency pretty easily. That belief only increased after many firms posted strong financial performances for 2018. But the early analysts’ reports for 2019 are a reminder that complacency is a dangerous condition.

Dan Packel’s story for the New York Law Journal showed that both Thomson Reuters’ Peer Monitor Index and Citi Private Bank’s law firm group showed decreased demand for law firms and increased expenses for the first quarter of 2019.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]