Leaders at smaller law firms say they're trimming costs, but the hatchet's staying in the shed -- for now. And while small firms are keeping retreats closer to home or eyeing operating costs more carefully, the turbulent economy is actually making some feel optimistic. Some managing partners say they're hoping that the economic downturn -- which is making some giant firms shudder -- will generate recruiting and business development opportunities, based partly on the appeal of small firms' lower rates.
Small Firms Trim a Little, but Stay Optimistic
November 10, 2008