Firms' Slowed Growth Will Extend To '09, Experts Say

Law360, New York (November 10, 2008, 12:00 AM EST) -- The nation's 250 largest law firms expanded their lawyer rolls less in 2008 than in 2007, signaling that the legal industry has not been immune to the economic slump and some belt-tightening is already taking place, according to a report published Monday.

The number of lawyers working at the 250 firms grew by 4.3 percent between Oct. 1, 2007, and Sept. 30, compared with 5.6 percent growth reported the previous year, the The National Law Journal said, noting that 2007 had yielded the largest growth since...
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