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Public Interest

Dec. 24, 2008

Legal Services Groups Are Hit By Recession

Law firms aren't the legal community's only victims in the ongoing recession that has toppled some of the industry's largest institutional clients into bankruptcy.

By Amanda Becker
Daily Journal Staff Writer

LOS ANGELES - Law firms aren't the legal community's only victims in the ongoing recession that has toppled some of the industry's largest institutional clients into bankruptcy. Nonprofit and pro bono legal services organizations also have seen both their fundraising tallies and volunteer pools shrink, along with firms' declining profit margins.

And like the law firms on which they rely for support, the ...

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