By Nate Raymond
Oct 5 (Reuters) - As the U.S. unemployment rate fell to a
four-year low of 7.8 percent, the legal services sector gained 1,000 new jobs, according the U.S. Bureau of Labor Statistics.
Seasonally adjusted figures show that more than 1.12 million
people employed were employed in legal services in September.
The last time more people were employed by law firms and other
legal sector positions was in May 2009, the bureau said.
The improved hiring numbers came despite a month of news
that signaled potential trouble for large law firms. Confidence
among managing partners dropped in the second quarter, according
to a report released by Citi Private Bank on Sept. 11.
A survey by Wells Fargo found that while revenues were up 3
percent among 115 law firms it surveyed, general expenses grew 6
percent, the Wall Street Journal reported Sept. 14.
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