That could include outsourcing or moving those functions to a cheaper geographic location or cheaper building in their current markets, he said.
In 2012, Blank Rome hired Bea Seravello from Dechert to serve as the firm's first chief strategy officer. She has been working with practice groups on how to implement project management techniques in the firm. Project management has been rolled out in more of the commodity practice areas and that data will be reviewed to see how best to implement it in other practice areas, Hoffman said.
Gina Passarella can be contacted at 215-557-2494 or at gpassarella@alm.com. Follow her on Twitter @GPassarellaTLI.
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