Bloomberg Law
July 22, 2015, 8:19 PM UTC

Survey Finds Middling Managing Partner Confidence

Casey Sullivan

Law firm managing partners expressed only “moderate” confidence about their financial prospects in the second quarter of 2015, according to the Law Firm Group at Citi Private Bank’s quarterly evaluation of managing partner morale.

“It’s a more muted level of optimism,” said Gretta Rusanow, senior client advisor in Citi’s law firm group.

Released Wednesday, the report focuses on attitudes about the overall economy and the legal industry — based on a number of metrics, including profits, revenue and expenses. A total of 54 law firms participated in the survey including 39 big U.S. law firms, 12 niche firms and three U.K. firms, according ...

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