Law firms braced for poor results and job cuts – The Times

Posted November 3rd, 2008 in law firms, news by sally

“Britain’s leading law firms are bracing themselves for the release of gloomy half-year results this week with early signs showing that the recent boom in commercial legal services has ended abruptly. Only two leading firms, Lovells and CMS Cameron McKenna, are projecting double-digit revenue growth for the six months to October 31, in contrast to the last full-year results released in July, when many City firms reported increases of between 10 and 30 per cent.”

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The Times, 3rd November 2008