Jeffrey Grossman, a senior director at Wells Fargo Private Bank, has noticed something different this summer in his meetings with executives at Am Law 200 firms.
“Panic’s too strong a word, but I definitely feel more tension and more anxiety,” he said. “One chair recently said to me, ‘Every hour of work is much harder to come by and it’s harder to produce the same dollar out of it every year that passes.’ I’m hearing that kind of thing regularly.”
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