Managing Partners Survey

Pa. Firms Showed Significant Financial Improvement Over Last Two Fiscal Years

But Was That an Aberration or the New Reality?

, The Legal Intelligencer

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Despite resurgent strain on the U.S. economy in recent weeks thanks in part to global economic troubles, Pennsylvania law firms saw at least a glimmer of hope in the last year as they fared much better on all financial fronts, even with costs increasing. The trick could have been increasing rates, which was far and away the most cited tactic for maintaining profitability, according to PaLAW's 16th annual Managing Partners Survey.

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