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Baked into the financial data released this week by ALM on the world’s 100 largest law firms are the often-volatile movements of the world’s currency markets. ALM reports law firm revenue and profitably in US dollars. This means that if a law firm bills in any currency other than dollars – which nearly every Global 100 law firm does – those billings are exposed to risks created by currency fluctuation.

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Nicholas Bruch, Senior Analyst ALM Legal Intelligence

Nick is a Senior Analyst at ALM Legal Intelligence. His experience includes advising law firms and law department in developing and developed markets on issues related to strategy, business development, market intelligence, and operations. Prior to joining ALM Legal Intelligence, Nick was an Associate with Huron Consulting’s Law Firm Strategy Practice in the firm’s New York and London offices. Nick holds a Masters of International Business from the Fletcher School at Tufts University and a BA in Economics and Philosophy from DePaul University. In addition to consulting to law firms, Nick has written extensively on the legal market on topics ranging from market segmentation, and market entry to future industry trends.

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