Managing Partners Less Confident On Revenue In 2013: Survey

Law360, New York (May 15, 2013, 5:05 PM EDT) -- Confidence among managing partners for 2013 slipped early in the year in key areas — firm revenues, profits, and demand for legal services — despite more bullish projections for the U.S. economy and the legal industry as a whole, according to a survey released Wednesday.

The Citi Private Bank "Law Watch" confidence survey for the first quarter of 2013 found a noticeable dip in feel-good expectations for firm revenues through the year. Just over half of respondents projected growth in 2013 below 5 percent, and 15...
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