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Layoffs at large law firms may be grabbing the headlines, but some small and midsize firms are also making tough decisions on how to survive the current economic crisis. From reining in daily expenses to refocusing their practice areas to fields still generating business, these firms are challenged to meet the shifting needs of clients while ensuring themselves the revenue they need to stay afloat. Meanwhile, some solo practitioners are feeling the crunch even more than their small-firm counterparts.
February 19, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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