Mark H. Oppenheimer Discusses Keeping Up with Growing Demand in a Fast-Changing Economy and Expecting a Prosperous Year in The Lane Report’s 2016 Economic Forecast
Louisville Office Managing Partner Mark H. Oppenheimer recently shared a synopsis of the firm’s economic expectations for the legal industry in 2016 for a special Economic Forecast in The Lane Report.
Every February, the editors of The Lane Report present an Economic Forecast for the coming year from Kentucky leaders in the Legal Services sector. This collective thinking of the state’s legal leaders is a useful tool for assessing conditions and expectations in the Commonwealth, according to the feedback the publication receives.
Oppenheimer was asked to include his views in the Economic Forecast after being identified among the leaders in the Legal Services sector. Following is what he shared with the publication.
“Bingham Greenebaum Doll LLP expects continued client and firm success in 2016. Our projections, along with client and firm attorney interviews, give us reason to be bullish, specifically in the areas of corporate and intellectual property law. BGD expects revenue to increase in the corporate, intellectual property, litigation, regulatory, real estate, and bankruptcy and restructuring practice areas. Although the U.S. economic recovery is expected to maintain its current pace, market demand for legal services won’t grow significantly. Law firms will continue to compete against one another for new business, and to keep current clients, in order to continue revenue growth.”