Norton Rose puts US high on agenda News The Lawyer
Regardless of the merits of NR's plans, it is good to see people starting to make forward looking plans again. Most economic forecasters are calling the bottom of the current recession as this past June. If this is correct, and it appears as if it is, this is the time to start thinking about the future and making plans to capitalize on the recovery that is now underway. Historically, the deeper the recession, the more robust the recovery once it takes hold. Thus, there may be reason to think that the coming recovery will be much more robust that many people are now predicting. This being said, NR's move is not without controversy as the legal press shows. Not everyone things it is a good idea. Some also predict it will fail. I will take a more watch and see what happens view. The timing seems to be right in any case.
Wednesday, September 2, 2009
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