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Lawsuit casts shadow over 1 Lincoln St. (lawsuit against Metropolitan-Columbia Plaza Joint Venture in an attempt to block land development)
June 4, 1990... LAWSUIT CASTS SHADOW OVER 1 LINCOLN ST.
The developer of the city's first parcel-to-parcel linkage project, Metropolitan/Columbia Plaza Joint Venture, a victim of vicious political infighting in its attempt to make the Roxbury portion of its...
First Mutual Bank fights for survival. (First Mutual Bank for Savings)
June 4, 1990... FIRST MUTUAL BANK FIGHTS FOR SURVIVAL
A learner, scaled-down First Mutual Bank for Savings will survive its real estate loan problems, despite losses and concerns among some bank analysts that it might be taken over by bank regulators, said...
City to scrutinize banks' lending, hiring practices. (banks wishing to to business with the City of Boston must reveal lending, hiring activities)
June 4, 1990... City to scrutinize banks' lending, hiring practices
Banks wanting to do business with the city must now reveal details of their lending activities in minority neighborhoods and their hiring practices for women and minorities.
Boston...
FAA, state battle over second airport. (Federal Aviation Administration; Massachusetts)
June 4, 1990... FAA, state battle over second airport
The Federal Aviation Administration (FAA) has refused to fund the state's plans to study the feasibility of developing a second major airport in Massachusetts, calling the proposed study an unrealistic...
Bad news: BOB bonds. (Bank of Boston has bond rating lowered)
June 4, 1990... Bad news: BOB bonds
Just moments after the Bank of Boston announced its quarterly earnings, Moody's Investor Service moved to lower the bank's bond rating, leaving bank officials confused and disappointed. The quarterly report from the bank...
Friendly warning. (Stone & Webster threaten pullout of Massachusetts if state passes proposed 5 percent service tax)
June 4, 1990... Friendly warning
Stone & Webster, one of the city's largest engineering firms, told the state Senate that the proposed 5 percent service tax would cause it to pack up and head out of state, taking 4100 jobs with it. A telegram dated May 18...
Microsoft's window of opportunity for PCs. (Microsoft; personal computers)
June 4, 1990... Microsoft's window of opportunity for PCs
"Bad command or file name."
The preceding message, long the bane to the thousands of personal computer users who have struggled for years with these unfriendly desktop systems, has been made all...
NH prime space scarce. (New Hampshire commercial and industrial real estate market)
June 4, 1990... NH prime space scarce
It's no secret that the New England commercial/industrial real estate market has been better days. But local brokers such as Cushman & Wakefield are still "bullish on New Hampshire," according to Thomas Farrelly, a...
Staples moves on California; but low S&P rating spells some doubt. (Standard and Poor)
June 4, 1990... Staples moves on California
At a time when most Massachusetts consumer-oriented companies are pulling their horns in, Newton-based Staples Inc. (SPLS-NASD) is making a bold venture across the continent to the California coast, opening up to...
Boston Cable Television Cooperative. (elects Mike Wallace president)
June 4, 1990... Boston Cable Television Cooperative
The board of directors of the Boston Cable Television Cooperative elected Mike Wallace of Continental Cablevision as president. In addition, Barry Bella of Cablevision and Brian Kelly of Warner Cable were...
Loomis, Sayles & Co. (names Robert Riley president and chief executive officer)
June 4, 1990... Loomis, Sayles & Co.
Robert Riley was named president and CEO of Loomis, Sayles & Co., an independent subsidiary of the Boston-based investment management holding company, New England Investment Companies. Riley joined the firm from The...
Ares-Serono. (Earnings)
June 11, 1990... Ares-Serono
Boston Qtr. ended 3-31-90
1990 1989 Change %
Sales 139.98 117.79 18.8
Net income 13.03 14.57 -10.6
Margins (%) 5.3 12.4 -3.1...
Arrow Automotive. (Earnings)
June 11, 1990... Arrow Automotive
Framingham Qtr. ended 3-31-90
1990 1989 Change %
Sales 23.51 20.27 16.0
Net income 0.43 -2.65 NM
Margins (%) NM NM ...
Bolt Beranek and Newman. (Earnings)
June 11, 1990... Bolt Beranek & Newman
Cambridge Qtr. ended 3-31-90
1990 1989 Change %
Sales 64.89 74.46 -12.9
Net income -32.37 -5.18 NM
Margins (%) NM NM ...
Bradley Real Estate Trust. (Earnings)
June 11, 1990... Bradley Real Estate Trust
Boston Qtr. ended 3-31-90
1990 1989 Change %
Sales 2.35 1.96 19.8
Net income -0.04 0.05 -178.4
Margins (%) NM NM...
Century Bancorp. (Earnings)
June 11, 1990... Century Bancorp
Somerville Qtr. ended 3-31-90
1990 1989 Change %
Sales 4.76 5.31 -10.3
Net income 0.56 0.91 -38.1
Margins (%) 11.8 17.1 ...
Collaborative Research. (Earnings)
June 11, 1990... Collaborative Research
Bedford Qtr. ended 3-3-90
1990 1989 Change %
Sales 2.38 3.15 -24.6
Net income -0.76 -1.49 NM
Margins (%) NM NM ...
Fitchburg Gas and Electric. (Earnings)
June 11, 1990... Fitchburg Gas & Electric
Fitchburg Qtr. ended 3-31-90
1990 1989 Change %
Sales 17.83 16.97 5.1
Net income 1.80 2.54 -29.4
Margins (%) 10.1 15.0...
Genzyme. (Earnings)
June 11, 1990... Genzyme
Boston Qtr. ended 3-31-90
1990 1989 Change %
Sales 10.08 8.12 24.2
Net income -23.18 0.17 -14063.3
Margins (%) NM NM NM...
Immunogen. (Earnings)
June 11, 1990... Immunogen
Cambridge Qtr. ended 3-31-90
1990 1989 Change %
Sales 0.32 0.22 47.9
Net income -2.06 -1.39 -47.8
Margins (%) NM NM NM...
Instron. (Earnings)
June 11, 1990... Instron
Canton Qtr. ended 3-31-90
1990 1989 Change %
Sales 26.42 27.13 -2.6
Net income 0.53 0.41 28.5
Margins (%) 2.0 1.5 0.5...
Ionics. (Earnings)
June 11, 1990... Ionics
Watertown Qtr. ended 3-31-90
1990 1989 Change %
Sales 29.56 25.61 15.4
Net income 0.99 0.75 32.0
Margins (%) 3.3 2.9 0.4...
Monarch. (Earnings)
June 11, 1990... Monarch
Springfield Qtr. ended 3-31-90
1990 1989 Change %
Sales 14.47 10.98 31.8
Net income 2.69 5.67 -52.6
Margins (%) 18.6 51.6 -33.1...
New England Critical Care. (Earnings)
June 11, 1990... New England Critical Care
Marlborough Qtr. ended 3-31-90
1990 1989 Change %
Sales 25.86 15.56 66.2
Net income 2.34 1.51 54.8
Margins (%) 9.1 ...
PictureTel. (Earnings)
June 11, 1990... Picture Tel
Peabody Qtr. ended 3-31-90
1990 1989 Change %
Sales 7.39 4.35 69.9
Net income -0.69 -0.56 24.1
Margins (%) NM NM NM...
Repligen. (Earnings)
June 11, 1990... Repligen
Cambridge Qtr. ended 3-31-90
1990 1989 Change %
Sales 3.05 2.26 34.6
Net income -1.48 -0.67 NM
Margins (%) NM NM NM...
Tecogen. (Earnings)
June 11, 1990... Thermedics
Woburn Qtr. ended 3-31-90
1990 1989 Change %
Sales 6.63 6.00 10.5
Net income 1.17 0.72 61.7
Margins (%) 17.6 12.0 5.6...
Thermedics. (Earnings)
June 11, 1990... Tecogen
Waltham Qtr. ended 3-31-90
1990 1989 Change %
Sales 3.80 3.87 -1.8
Net income 0.04 0.10 -54.7
Margins (%) 1.1 2.5 -1.3...
Riders on the storm. (United States Federal Deposit Insurance Corp.)
June 11, 1990... Riders on the storm
FDIC to set up shop in Massachusetts
The Federal Deposit Insurance Corp. (FDIC) decided last week to open a liquidation office in New England in response to the mounting workload from failed banks in the region....
Baybanks a likely takeover target. (Boston, Massachusetts bank)
June 11, 1990... BAYBANKS A LIKELY TAKEOVER TARGET
Bank analysts disputed speculation on Beacon Hill and in the investment community last week that Bank of Boston opposes interstate banking because its depressed stock makes it an attractive takeover target,...
State's truckers face fee, exam pressure. (Massachusetts)
June 11, 1990... State's truckers face fee, exam pressure
Truck drivers in Massachusetts face escalating commercial driver's license fees, at least five times as many questions on the written exam and possible road retests as the state moves to comply with...
Banker bucks market by purchasing press. (Robert P. Cipriani; Fidelity Press)
June 11, 1990... Banker bucks market by purchasing press
Twenty-five printers appeared last week to bid for the Massachusetts Water Resources Authority's (MWRA) printing contract, including large printers such as Everett-based Daniels Printers, which posts...
Hot software from the fabled garage. (Frye Computer Systems Inc.)
June 11, 1990... Hot software from the fabled garage
In light of the computer industry's current predicament, where competition is fierce and pressure on margins severe, a Boston company is taking a page out from the golden era of the fabled software...
Emmet Eldred returns with a vision and a profit. (furniture manufacturer)
June 11, 1990... Emmet Eldred returns with a vision and a profit
For every loser in today's tough economic climate, there's a winner. Hingham businessman Emmet Eldred, who took advantage of the boom years to sell off his furniture reproduction business at a...
Anne D. Aylward. (maritime director, Massachusetts Port Authority) (Personnel File)
June 11, 1990... Anne D. Aylward
On the waterfront
Anne D. Aylward is a woman who has never been a sailor. Not unusual, perhaps--except for the fact that Aylward is the director of a major US seaport, the Port of Boston. But, far from slowing her...
LTX is looking to the East. (contracts with two Japanese firms)
June 11, 1990... LTX is looking to the East
Inks deals with 2 Japanese firms
LTX Corp. of Westwood has strengthened its ties with Japan in two ways: by lining up a $54 million order from Mitsubishi Corp. for various test systems and by receiving $24...
UST Corp. (Proxy Report Excerpts) (company profile)
June 11, 1990... UST Corp.
* UST Corp. was incorporated in Massachusetts in
1967. The bank and its subsidiaries concentrate
on commercial and personal banking services.
Headquartered in Boston, the company employs
850 people. The company's...
Baybanks Inc. (Dividends)
June 11, 1990... The board of directors of Baybanks Inc. announced a quarterly dividend of 45 cents per share of common stock. The dividend will be payable June 1 to stockholders of record May 14. The previous quarterly dividend was also 45 cents per share.
Polaroid Corp. (Dividends)
June 11, 1990... The board of directors of Polaroid Corp. has declared a regular quarterly dividend of 15 cents per share of common stock. The dividend is payable June 30 to shareholders of record at the close of business June 1. Polaroid had 52,002,761 common...
Monarch Capital Corp. (Dividends)
June 11, 1990... Monarch Capital Corp. announced a quarterly dividend of $1.25 per share on the $5 Series Cumulative Preferred Stock, payable July 2 to stockholders of record at the close of business on June 14.
Hingham Institution for Savings. (Dividends)
June 11, 1990... The board of directors of the Hingham Institution for Savings has declared a first-quarter cash dividend of 8 cents per share, payable on May 31 to shareholders of record May 18. Paul E. Bulman, president and CEO, announced a net loss of...
Biogen. (Dividends)
June 11, 1990... Biogen declared its regular quarterly dividend of 53 cents per share on the $2.125 convertible exchangeable preferred stock that was issued in June 1989. The dividend is payable June 15, to shareholders of record on May 15. Biogen is a leading...
Insurance rates drive cab cos. to commissioner. (proposed increase in commercial automobile insurance rate)
June 18, 1990... INSURANCE RATES DRIVE CAB COS. TO COMMISSIONER
In response to a proposed 20 percent increase in commercial auto insurance rates by the state's high-risk pool, taxi cab company owners are charging that the way taxi cab insurance rates are...
DEC hand jumps ship. (Digital Equipment Corp.; Don McInnis)
June 18, 1990... DEC hand jumps ship
Prime scores second coup with McInnis
For the second time this year, a key Digital Equipment Corp. official has lost out in a power struggle within the ranks of the computing giant and crossed over to the Natick...
Blue jeans meet red ink at Designs. (clothing store)
June 18, 1990... Blue jeans meet red ink at Designs
Calvin Margolis rides to his Chestnut Hill office everyday in a dove-gray stretch Lincoln Continental limousine with a personalized license plate that reads: GROWTH. That plate is the rallying cry for...
Gloom and doom. (economic forecast for small startup businesses) (Debriefing)
June 18, 1990... Gloom and doom
Yet another gloomy economic forecast is out. American Express Travel Related Services Co. recently surveyed five million small businesses across the country, showing a decline in the number of small startup businesses....
Fleet/Norstar Group. (Debriefing)
June 18, 1990... Fleet/Norstar Group of Providence may try to buy Maine National Corp., Bank of New England's Maine subsidiary. But Fleet is not the only one looking into buying that bank. The Bank of Ireland, which two years ago bought First New Hampshire...
The Foxboro Company. (Debriefing)
June 18, 1990... The Foxboro Company's stock jumped last week on reports that family members wish to sell the company and that there are now several bidders looking to buy it. Analysts speculate that companies looking into buying Foxboro might include Dresser...
Porter Exchange. (Debriefing)
June 18, 1990... The owners of the Porter Exchange in Cambridge filed for protection under Chapter 11 just a day before the building was to go up for auction. Owner Peter Wasserman and his company, the 1815 Realty Trust, filed for protection to protect $15...
Fine & Ambrogne. (Debriefing)
June 18, 1990... After several days of speculation, the law firm of Fine & Ambrogne decided to dissolve itself, the decision a result of a vote by the partners a weekend ago. Ralph Fine, one of the senior partners, said that the break-up of the 31-year-old firm...
IBM. (Debriefing)
June 18, 1990... IBM said last week that the company planned to invest heavily in Atex Publishing Systems in Bedford, makers of computer systems widely used by newspapers and magazines. It is speculated that Atex, owned by Eastman Kodak, will eventually be sold...
Dennis S. Aronowitz. (professor of law, Boston University) (Personnel File)
June 18, 1990... DENNIS S. ARONOWITZ
Taking the law to the bank
Dennis S. Aronowitz strides into his office in the Morin Center for Banking Law Studies at Boston University for the last time. From this cramped space on the 15th floor of the law...
Kent Price. (Boston on the Record)
June 18, 1990... BANKING & FINANCE
Kent Price has been appointed executive vice president and chief financial officer of Bank of New England Corp. Price will be responsible for all finance, asset disposition and treasury functions for the corporation. He has...
John M. Walker Co. Inc. (Corporate Notes)
June 18, 1990... MANUFACTURING & RETAIL
John M. Walker Co. Inc. received a $180,000 low-interest loan from Boston's Economic Development and Industrial Corp. (EDIC). The financing helped pay for a second manufacturing plant at the Stonybrook Commerce Center...
GTE Government Systems. (Corporate Notes)
June 18, 1990... MANUFACTURING & RETAIL
GTE Government Systems announced the receipt of a $7.6 million supplemental agreement from the US Air Force to modernize command, control and communication systems at intercontinental ballistic missile launch-control...
Alden Electronics. (Corporate Notes)
June 18, 1990... MANUFACTURING & RETAIL
Westboro-based Alden Electronics signed an exclusive licensing agreement with the Woods Hole Oceanographic Intitution to manufacture and market a new sensor system to be used to study world ocean circulation and its...
MRS Technology Inc. (Corporate Notes)
June 18, 1990... MANUFACTURING & RETAIL
Chelmsford-based MRS Technology Inc. announced a representative agreement with Taesan Engineering Co. Ltd. of Seoul, South Korea. Under the terms of the agreement, Taesan Engineering will be the exclusive...
Technomed International Inc. (Corporate Notes)
June 18, 1990... PUBLIC EYE
Technomed International Inc. announced that it filed its answer and asserted counterclaims in the lawsuit brought against it by Candela Laser Corp. and The General Hospital Corp. The suit alleges that Technomed's laser...
Market pummels PC software cos. (Wall Street analysts deal more severely with small software development ventures than with established concerns)
June 25, 1990... Market pummels PC software cos.
While local personal computer software companies do not have to wrestle with a lagging minicomputer market, they are discovering they have a more volatile demon to contend with: Wall Street.
The recent...
Bank of Boston ponies up for Int'l Place 2. (construction financing for phase two of International Place, 35-story Boston office building being developed by Donald Chiofaro)
June 25, 1990... BANK OF BOSTON PONIES UP FOR INT'L PLACE 2
Bank of Boston is leading a consortium of foreign banks in providing $220 million in construction financing for phase two of International Place, developer Donald Chiofaro's 750,000-square-foot...
Instead of check, a key in the mail. (home mortgage default rates rising in Massachusetts; investors even return keys by mail to lenders rather than payments)
June 25, 1990... Instead of check, a key in the mail
Home mortgage default rates in Massachusetts have risen steeply since January, with some borrowers who are unable to keep up with their mortgage payments simply walking away from their properties and...
Digital Equipment Corp. (stock price drops on overestimation of earnings) (Debriefing: Takeover threats)
June 25, 1990... Digital Equipment Corp.'s
Digital Equipment Corp.'s stock slid last week when it announced that analysts had overestimated the company's quarterly earnings. Analysts had been counting on earnings to be reported for the quarter ending June 30...
Grossman's. (fending off hostile takeover) (Debriefing: Takeover threats)
June 25, 1990... Grossman's
Grossman's, the Braintree-based hardware retailer, formally began to fend off a possible hostile takeover play by raiders Jay Shidler and Robert Holman. Grossman's new chairman Thomas Schwartz told stockholders that the raiders...
Reebok International Ltd. (Petland Industries, largest single stockholder, to sell 31.5 stake in athletic shoe maker) (Debriefing: Takeover threats)
June 25, 1990... Reebok International Ltd .
On news that the company's largest single shareholder was to sell all of its stock, the board of directors at Reebok International Ltd. adopted a poison pill anti-takeover strategy. Petland Industries, an English...
Blue Cross and Blue Shield of Massachusetts. (health concern hires William Van Faasen from Blue Cross in Michigan as vice-president) (Debriefing: Random notes)
June 25, 1990... Blue Cross and Blue Shield
Blue Cross and Blue Shield of Massachusetts hired William Van Faasen, currently vice president of Blue Cross in Michigan, for the number two slot here. Blue Cross in Massachusetts has had difficulty keeping its...
Clean Harbors. (environmental services concern hires Clyde Keaton, retiring J. Edward Fixari) (Debriefing: Random notes)
June 25, 1990... Clean Harbors
Clean Harbors, a Quincy company specializing in environmental services, reshuffled top management last week, naming Clyde Keaton, formerly of General to its top post, and sending president and CEO J. Edward Fixari to early...
Products to face environmental standards. (companies doing business in Northeast could have products evaluated for environmental impact by Green Seal, Coalition of Northeast Governors)
June 25, 1990... Products to face environmental standards
Companies weary of new environmental regulations are forewarned: not one but two groups may seek to put their stamps of environmental approval on products sold in the Northeast.
As part of its new...
Nova Scotia to pursue more trade with NE. (expanded trade with New England planned as Canadian province opens Boston office)
June 25, 1990... Nova Scotia to pursue more trade with NE
Nova Scotia, the Canadian maritime province traditionally known for its fishing and timber, plans to open a Boston trade office by Aug. 1 of this year, joining the ranks of three other Canadian...
Computer system flags unusual OTC trades. (computerized monitoring system - 'Stock Watch Automated Tracking' - developed at MIT, used by National Association of Securities Dealers to track possible unauthorized stock trades on over-the-counter market)
June 25, 1990... Computer system flags unusual OTC trades
Two Nobel laureates on the faculty of MIT's Sloan School of Management have designed an "artificial intelligence-like" computer system to monitor and report questionable trading practices on the...
Talbot's new to growing children's market. (Hingham, Massachusetts women's apparel retailer to market children's clothing)
June 25, 1990... Talbots new to growing children's market
Barbara Bush shops there, and now kids can, too. Talbots, a Hingham-based women's retail chain, has decided to expand into a clothing market that is constantly growing as its customers continue to...
Hancock returns to health care. (John Hancock Financial Services acquires Cost Care Inc., Huntington Beach, California managed health care concern)
June 25, 1990... Hancock returns to health care
A year after selling off its network of health maintenance organizations (HMOs), John Hancock Financial Services is plunging anew into the health care market with the purchase of a California-based utilization...
The coming edge. (joint survey conducted by Development Dimension International, Human Resource Executive magazine suggests corporate competitiveness tied to management development)
June 25, 1990... The coming edge
The results of a new human resource development survey suggest that organizations will look to management development in order to remain competitive during the next several years. The survey, conducted jointly by...
Liberty Eng. sold. (Electronic Technology Group acquires Liberty Engineering)
June 25, 1990... Liberty Eng. sold
Electronic Technology Group (ETG) has acquired Waltham-based Liberty Engineering. James G. Bath, president of and founder of Liberty Engineering, has agreed to stay as president of the newly formed subsidiary of ETG....
Joe Baerlein: a taste for politics. (profile of former Massachusetts state government aide, now established with Choate Group, law firm subsidiary specializing in public-issues law)
June 25, 1990... Joe Baerlein A taste for politics
Joe Baerlein considers himself a corporate campaign manager. Three years ago, the former top aide to Lt. Governor Evelyn Murphy left government and set up the Choate Group. A subsidiary of the venerable...
Sheridan to depart MBA, will accept post with SBLI in Fall. (Robert Sheridan to leave Massachusetts Bankers Association for job with Savings Bank Life Insurance Fund) (Bank Notes)
June 25, 1990... Sheridan to depart MBA
Robert Sheridan, the Massachusetts Bankers Association president who has been integral in shaping a statewide Community Reinvestment Act, will resign his post in September.
Sheridan said he will then become the...
Resistance hits DOS 4.01, but new items seen as beneficial. (how-to article on Microsoft's Disk Operating System, Version 4.01)
June 25, 1990... Resistance hits DOS 4.01
Microsoft's Disk Operating System (MS-DOS), from Version 2.0 to the new Version 4.01, has been the standard in the IBM-compatible personal computer world for years. Microsoft Corporation offers a variety of popular...
Bert Sellier. (announces formation of Aircraft Finance Group Inc.) (Boston on the Record)
June 25, 1990... Bert Sellier
Bert Sellier, former executive vice president of Key Financial Services Inc., has announced the formation of Aircraft Finance Group Inc. of Framingham. Sellier will serve as president of the new firm, which will specialize in...
Lawrence J. Smith Jr. (named chief financial officer of Massachusetts Industrial Finance Agency) (Boston on the Record)
June 25, 1990... Lawrence J. Smith Jr.
Lawrence J. Smith Jr. was recently named chief financial officer of the Massachusetts Industrial Finance Agency (MIFA). He will be responsible for all matters related to accounting, control, information systems, finance...
M/A-COM. (Raymond F. Pettit named to board of directors) (Boston on the Record)
June 25, 1990... M/A-COM
M/A-COM, a Burlington-based producer of surveillance products, announced that Raymond F. Pettit, senior vice president of The Rockefeller Group, was elected to the board of directors. Pettit joined The Rockefeller Group in 1984....
Hub firms slowly embrace marketing & ads. (law firms expand use of advertising, marketing techniques) (Focus: The Legal Profession)
June 25, 1990... Hub firms slowly embrace marketing & ads
In a scene form the 1982 movie The Verdict, a down-and-out Boston lawyer named Frank Galvin attends a wake to drum up some medical malpractice business, giving credence to the image of lawyers as...
Bay State's burgeoning field of layoff law. (employee-employer litigation on rise in Massachusetts) (Focus: The Legal Profession)
June 25, 1990... Bay State's burgeoning field of layoff law
A growing number of lawyers in the Boston area are handling cases involving disgrunted employees. They're defending companies against or arguing for workers who feel they've been wrongfully...
Settling differences out of the courtroom. (private arbitration services offered by US Arbitration and Mediation of New England Inc., Alternative Dispute Resolution Inc.) (Focus: The Legal Profession) (company profile)
June 25, 1990... Settling differences out of the courtroom
Why are American companies losing their competitive advantage in the international marketplace?
Because they must do business in a very litigious society, and legal costs contribute heavily to...
Past MBA president speaks on profession. (former head of Massachusetts Bar Association, lawyer Thomas F. Maffei) (Focus: The Legal Profession) (interview)
June 25, 1990... Past MBA president speaks on profession
How has the legal profession in Boston changed over the last decade - what are the major trends affecting it, and how do you see it changing in the future?
Well, let me say, number one, there's...
Profession heading for a recession? (fourth annual survey of legal profession by 'Of Counsel' report) (Focus: The Legal Profession)
June 25, 1990... Profession headed for a recession?
According to the fourth annual survey done by Of Counsel, a semi-monthly management report published by Prentice Hall Law & Business, based in Englewood Cliffs, NJ, law firm growth slowed for the first time...