Biglaw Firms Looking Ahead To 2024, Hoping That Deals Will Make A Roaring Comeback
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What I’m hearing from firms is while they are cautiously optimistic, they’re almost just looking into 2024 and planning for that, because a lot of their clients aren’t doing any deals right now. While they may have aspirations to do something, they’re just on hold for the foreseeable future.
googletag.cmd.push( function() { // Display ad. googletag.display( "div-id-for-top-300x250" ); });— Heather McCullough, partner and co-founder of professional services counseling firm Society54, in comments given to the American Lawyer on Biglaw firms’ thoughts on the fourth quarter and beyond, given the fact that the legal profession is still dealing with a slowdown in corporate work. As noted by Am Law, the biggest of Biglaw firms are more “bullish” about the year to come.
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Originally posted on: https://abovethelaw.com/2023/10/biglaw-firms-looking-ahead-to-2024-hoping-that-deals-will-make-a-roaring-comeback/