Managing Partners Predict Little Growth In 2009

Law360, New York (March 30, 2009, 12:00 AM EDT) -- Managing partners hold negative views about the economy at large, the legal market and the financial health of their own firms, according to a report released Monday.

Managing partners have been feeling “marginally better” about the global economy, but don't feel better about its impact on the legal industry, according to Citi Private Bank's quarterly Managing Partner Confidence Index.

More than half of the respondents predicted that business would get somewhat worse over the next six months. Only slightly more than 10 percent said that business...
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