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ALM’s February 2011 Economic Confidence Survey: It’s Never Too Soon For Some Good News.

By Jean O'Grady on March 25, 2011
American Lawyer Media released its early 2011 Economic Confidence Survey and law firm leaders are significantly more confident than they were only 6 months ago.

Cost saving trends between August 2010 and February 2011:

  • The number of firms intending to move to less expensive vendors is decreasing 
  • More firms will continue to cut business development

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*Hat tip to Melville Dewey, 19th century efficiency reformer, founder of the first School of Library Economy, and inventor of the eponymous decimal classification system based on Sir Francis Bacon's outline of human knowledge.

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About Jean O'Grady

Jean P. O’Grady has over 30 years of experience developing strategic information initiatives for Am Law 100 law firms.

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