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February 04, 2008

Your Clients Are Worried About Recession Too!

A day doesn’t go by that we’re not reading that recession is in the air.  Law firms are laying off people, certain practice areas are suffering, and equity partner income and security is declining.  Well, before you go out and brush up on your expertise of the Bankruptcy Code, remember that most economic downturns are short, that the Fed is pumping large amounts of liquidity into the system and it’s a presidential election year.  My suggestion is to remember if you’re feeling a bit anxious, so are your clients.  Visit them and see how you can help…it will go a long way when the fear we currently have expires. --Cole Silver

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