More than half of the country's top 50 law firms may have overstated a key measure of profitability in a closely watched ranking, according to an industry analysis prepared by a major bank.
The findings— which were shared with The Wall Street Journal by a person briefed on the report— raise questions about which law firms are making the most profit as the legal industry slowly recovers from a prolonged downturn.
Monday, August 22, 2011
Law Firms' Profits Called Inflated
The Wall Street Journal reports:
