Firms across South Florida slashed expenses this year by cutting attorneys and staff, renegotiating with vendors and eliminating lavish firm dinners and retreats, according to a Daily Business Review survey of 76 area law firm leaders. Revenue per lawyer dropped or remained flat at 48 percent of firms last year, with large firms hardest hit, according to the survey. And just 34 percent of managing partners expect increased partner profits this year compared with 70 percent last year.
October 29, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Sit still at your desk for too long on the 21st floor of Miami’s One Biscayne Tower and the lights go off.
That’s because Mark Raymond, managing partner of Broad and Cassel‘s Miami office, persuaded his landlord late last year to install energy-saving light switches.
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