A gloomy picture of economy projected by the Fed

The latest report from Federal Reserve shows the further deteriorating economic condition in US. There is an indication of further lowering of interest rates by the US Central Bank. In the December edition of the Beige Book report on the economic conditions Fed said on Wednesday that economic activity can be seen to be weakening […]

Law Firm Leaders Uncertain on 2009

Marketwatch.com – Incisive Media’s The American Lawyer reported today that leaders of the nation’s largest law firms are uncharacteristically uncertain about what 2009 holds for their organizations. In its annual Law Firm Leaders Survey, an unprecedented 35 percent of managing partners predicted profits will decrease or stay flat next year. However, 98 percent of respondents […]