  The renormalization-group (RG) approach proposed earlier by Shankar for
interacting spinless fermions at $T=0$ is extended to the case of non-zero
temperature and spin. We study a model with $SU(N)$-invariant short-range
effective interaction and rotationally invariant Fermi surface in two and three
dimensions. We show that the Landau interaction function of the Fermi liquid,
constructed from the bare parameters of the low-energy effective action, is RG
invariant. On the other hand, the physical forward scattering vertex is found
as a stable fixed point of the RG flow. We demonstrate that in $d=2$ and 3, the
RG approach to this model is equivalent to Landau's mean-field treatment of the
Fermi liquid. We discuss subtleties associated with the symmetry properties of
the scattering amplitude, the Landau function and the low-energy effective
action. Applying the RG to response functions, we find the compressibility and
the spin susceptibility as fixed points.

Condensed Matter