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Every silver lining...

I'm not sure where the idea that an increase in revenues "ain't happening any time soon" comes from. Many mid-market firms are now reaping the benefit of a realignment of their businesses in the downturn and from their investment in counter cyclical business areas. LG has a market leading mid-market corporate recovery and restructuring group, for example, and a very strong finance litigation practice both of which have contributed very strongly to the top line growth in the past couple of years. And the idea that mid market firms are massaging PEP figures to make themselves more attractive to US merger partners is just patronising and absurd.

7-Jul-2010

10:43 am