Firms Can Leverage Communications When Economy Is Slow

By Tom Orewyler (March 18, 2019, 3:34 PM EDT) -- Economic pundits who weighed in on the sobering February U.S. jobs report released on Friday, March 8, are in general agreement that this news alone is insufficient to justify a panic. After all, while the Bureau of Labor Statistics revealed a monthly gain of a mere 20,000 jobs — nearly 90 percent lower than economists' predictions — wage growth increased and, more importantly, unemployment decreased during this same period. Even though most experts believe an imminent recession is unlikely, slowdown fears are increasing. And when economic growth becomes sluggish, utilization of certain law firm practices shifts as clients' needs and budgets change....

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