Managing Partners Confident Profits Will Rise: Report

Law360, New York (April 26, 2010, 7:01 PM EDT) -- Managing partners at U.S. law firms are confident that both the legal market and the economy as a whole are improving and that profits will grow for them over the next 12 months, according to the latest report from Citi Private Bank.

Citi Private Bank's Managing Partner Confidence Index for the first quarter of 2010, released Monday, indicated that overall confidence was at the highest level in close to three years. Managing partners also were optimistic about the financial conditions of their own firms, which have...
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