Back in April, we posted on the subject of some key legal industry business metrics from the 1st quarter of 2009. The data was published by Hildebrandt International‘s Peer Monitor Index. See our earlier post for a further description of the Index.
Data from the second quarter has apparently been released (at least to the press) and the National Law Journal has reported on the numbers. You should read the entire article, which is available on the law.com website here.
Bottom line seems to be: business in general has not gotten worse since Q 1, which is a sign that the bottom may have been reached and that things are stablizing.