Law Firms ‘Blindsided’ By Drop In Demand, Tax Suffers Biggest Drop (3.4%)

Thomson Reuters, Peer Monitor: [D]emand pulled back 0.9% in the second quarter. It was the biggest quarterly drop in more than three years. … While overall market demand dropped in the second quarter, Midsize firms were largely unaffected. Demand for the segment rose 1.1%, and is still up 1.6% year-to-date….

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