Original article by Chris Merritt
The Australian – Page: 27 : 17-Oct-14

Commonwealth Bank of Australia and Beaton Research + Consulting have issued their "Market Pulse" legal profession confidence survey for the September 2014 quarter. The figures show that the ratio of major law firms reporting negative conditions has fallen to just 17% from 70% a year ago. The main reason is the recent turnaround in the market for merger and acquisition deals work, with 56% also forecasting further gains in this segment over the period to March 2015. Another growth area is insurance, and this is borne out as well by the new law firm rankings released by Thomson Reuters

CORPORATES
BEATON RESEARCH AND CONSULTING PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, THOMSON REUTERS PLC