Law firm office openings, associate hiring, and billing rates may all feel the impact of an economic downturn.
June 01, 2022 at 03:00 PM
6 minute read
The original version of this story was published on American Lawyer
After two years of stunning financial growth in the legal industry, some in Big Law are bracing for a recession.
While nothing is certain, the specter of a recession is looming, as economists continue to throw out the chances of a downturn, amid rising interest rates, inflation and geopolitical tensions.
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