In face of economic crisis, law firm clients range from panicky to opportunistic

, The National Law Journal

With the stock markets falling and credit markets tightening, law firms across the United States are dealing with panicky clients and scrambling to form new practice groups focused on the economic crisis. "Clients are really looking to understand the terms of the Emergency Economic Stabilization Act," the $700 billion bailout package signed into law last week, said Paul Merolla, head of LeClairRyan's financial services practice group.

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