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A decrease in demand led to flat revenue growth for New York-based firms in the first six months of 2019, according to new Citi data.
August 21, 2019 at 05:33 PM
1 minute read
New York-headquartered law firms saw a decrease in demand that led to overall flat revenue growth in the first half of 2019, according to new data from Citi Private Bank’s Law Firm Group.
Still, Citi said New York firms in its survey have built up an inventory of unpaid bills that could boost their bottom lines in the coming months.
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