Is Biglaw In Debt?

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Ed. Note: Welcome to our daily feature Trivia Question of the Day!

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According to data from Law.com Compass, what percentage of Am Law 200 firms are carrying debt?

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Hint: Unlike most corporations, law firms have been traditionally reticent to take on debt to finance their business. Must be something about the risk-adverse nature of the profession.

See the answer on the next page.

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Biglaw, Debt, Trivia Question of the Day