Law360, New York (September 08, 2010, 6:31 PM ET) -- A new review by the Citi Private Bank Law Firm Group found that law firms cut expenses significantly during the first half of 2010 and that they now need to focus on boosting top-line revenue growth by distinguishing themselves from their competitors.
The survey, which Law Firm Group Chair Dan DiPietro and Senior Client Adviser Gretta Rusanow summarized in an article published Wednesday in The American Lawyer, surveyed 187 firms including 87 Am Law 100 firms, 50 Second Hundred firms and 50 other firms.
The survey...
Law Firms Should Focus On Top-Line Revenue: Report
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