After two years when few law firms managed to keep growing, in 2011 all the firms that provided information on the trend of turnover are expecting to a at least stagnate, according to the data collected in the third edition of the Law Firm Yearbook.
2011 seems to be the year of a return to growth for most law firms on the domestic market, considering that few were those firms, which during recession found the resources to offset the declining fees by a rising volume of billable hours, which would secure further growth.
Among the firms answering the request on the trend of turnover in 2011, the most "downbeat" estimates are formulated by }uca Zb=rcea & Asocia]ii and Leaua & Asocia]ii, which did not budget any increases, while at the opposite end Biri[ Goran and Vil`u & Mitel firms target a revenue increase of as much as 45% and 35%, respectively.
On the other hand, NNDKP, Popovici Ni]u & Asocia]ii, Bo[tin` or Schoenherr & Asocia]ii make up the "conservative" category, after having budgeted an increase of 10% at the highest for this year.
After two years when few law firms managed to keep growing, in 2011 all the firms that provided information on the trend of turnover are expecting to a at least stagnate, according to the data collected in the third edition of the Law Firm Yearbook.
2011 seems to be the year of a return to growth for most law firms on the domestic market, considering that few were those firms, which during recession found the resources to offset the declining fees by a rising volume of billable hours, which would secure further growth.
Among the firms answering the request on the trend of turnover in 2011, the most "downbeat" estimates are formulated by }uca Zb=rcea & Asocia]ii and Leaua & Asocia]ii, which did not budget any increases, while at the opposite end Biri[ Goran and Vil`u & Mitel firms target a reve