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Criminal

Dec. 25, 2008

California Firms May Resort to Deeper Cuts Next Year, Survey Says

California law firms generated less revenue growth in the first nine months of 2008 than those nationally and may be poised to take more aggressive steps than firms based

By Amanda Becker
Daily Journal Staff Writer

LOS ANGELES - California law firms generated less revenue growth in the first nine months of 2008 than those nationally and may be poised to take more aggressive steps than firms based elsewhere to improve profit margins in the year to come, members of Wachovia's Legal Specialty Group said Tuesday.

The findings were based on the answers provided by California firms to Wachovia's interim survey, as report...

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