PMI shows improving law firm market – podcast
The Hildebrandt Baker Robbins Peer Monitor Index rose again in the first quarter, a result of improving demand for legal services and law firm profitability. The PMI rose 5 points to a reading of 60, its second consecutive quarterly increase.
While law firms are slowly ramping up their hiring in response to improving demand, weak rate growth and rising expenses pose continuing challenges.
A copy of the report is available for download here.
Mark Medice of Hildebrandt Baker Robbins discusses the Q1 PMI in a Legal Current podcast.
You can listen on the player below, or download the podcast here.