Law Firm Leaders More Bullish In Q4, Survey Shows

Law360, Los Angeles (December 17, 2013, 6:08 PM EST) -- Law firm leaders’ overall confidence increased modestly in the final quarter of 2013, reflecting observed stabilization of the economy and a positive outlook for the legal industry, according to a survey released Monday by Citigroup Inc. subsidiary Citi Private Bank.

The Citi Private Bank Law Watch managing partner confidence index survey for the fourth quarter of the year showed a “renewed sense of optimism” about firm profitability despite continued discounting pressure, with 75 percent of respondents saying they expect profits to grow in the coming 12...
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