Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Business professionals Photo: NDABCREATIVITY/stock.adobe.com

The economic uncertainty of 2020’s second quarter put preservation of cash flow at the top of mind for business leaders. For law firms, cutting staff positions to lighten payroll expenses of jobs that didn’t have analogous work in the virtual environment became a standard austerity practice.

But a diverse contingent of firms, some of them aided by the federal $2.2 trillion CARES Act stimulus package, refused to do so, believing it would disrupt a culture that distinguished the firm from its competitors. Some of their leaders told Law.com reporters that cultural cohesion was too crucial to fracture at a time when it would have to be maintained by way of virtual technology.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 1 article* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

Justin Henry

Justin Henry covers business news and trends at law firms, with a particular focus on the Pennsylvania market. Reach him at [email protected] or on Twitter @jstnhenry87

More from this author

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

Massachusetts Legal Ethics MalpracticeBook

Navigate Massachusetts system of attorney regulation; this book contains practical advice from the authors regarding Massachusetts Bar Discipline and Legal Malpracti...

Get More Information

You Can't Manage It If You Don't Measure It

How are you illustrating differentiation to clients and potential lateral targets? How are you measuring performance against peers? Use Legal Compass to benchmark a firm against its competitors, unearthing unique insights about performance, partner retention, market penetration and more. Click to log in, or begin your free trial.

Get More Information

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.