Law Firm Leaders Uncertain on 2009 – 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 […]

Where are the Wall Street firms disappearing?

The fact that companies which are staying afloat and have announced their arrangements for survival are there one day and gone the next is confounding. Lehman Brothers is a firm operating from the year 1850. The firm survived various traumas related to economic conditions including the Great Depression before it suddenly announced bankruptcy now after […]