Riding Out Rough Times
The economic landscape obviously has changed considerably during 2008 and into 2009. Investment banks have tanked, the stock market has swung wildly and finished last year way down, credit has tightened, debts have been called in and companies have hunkered down to ride out the storm. Bailouts of banks and automakers have been just the beginning. Law firms entered the new year wondering what lay ahead and what they could do to prepare for and withstand a very difficult 2009.
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