Citi Survey: Law Firm MPs Less Confident About Economy

Law firm managing partners expressed confidence in their own firms, but their overall confidence in the economy and the market for legal services dropped slightly in the first quarter of 2015, according to a survey released on Tuesday by the Citi Private Bank Law Firm Group.

Seventy-two law firms, including 46 firms in the AmLaw 200, four firms from the U.K, and 22 so-called niche firms, participated in the survey, which asked firm leaders to rank their confidence on a variety of issues.

Compared to the previous quarter, firm leaders were more confident that their own firms’ revenues would grow, but less confident that the market for ...