Horowitz Provides Insight in the Portland Business Journal’s “Outlook 2011” Forecast
Lane Powell President Lewis Horowitz shared his thoughts of the coming year in Portland Business Journal’s “Outlook 2011: A Leader’s Perspective.” Horowitz offered his insight for 2011 in “New Hires, Strategic Planning Reflect Confidence in 2011 Economy.” He states:
We at Lane Powell are bullish on 2011. We believe strongly that credit will flow again, pushing growth and employment in a number of sectors. Our strategic planning reflects our confidence in the economy. On January 1, 18 attorneys join us to enhance our services to meet all of our clients’ needs in 2011. We see growth in the financial services sector as the ability of credit continues to swell. Litigation will remain strong as economic conditions make settlement of commercial disputes more challenging. Estate planning will see increased activity because tax law changes will require reconsideration of prior planning techniques. M&A will increase as the demand by private equity players begins to flow. Traditional real estate will remain challenged until unemployment decreases, but in the interim, some specialty real estate areas are seeing more activity. If the level of work in our Antitrust group is a guide, there will be more legal work in connection with global compliance initiatives and investigations. Sustainability/Clean Tech practice is tentative and dependent on governmental incentives. The lawyer’s role as counselor and advisor is even more critical in the coming year as new and future regulations of key industries are enacted.