The current economic climate has forced many law firms to re-examine their business model, including structure, business policies and practice areas. For some law firms this has meant cutbacks, particularly in the areas of staffing and perks, but for others, this closer look has revealed opportunities to create new service offerings. Consultant Jerome Donovan discusses ways to help a law firm's business grow in today's down market, including looking to its accounting firm for specific financial guidance.
June 30, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The current economic climate has forced many law firms to re-examine their business model, including structure, business policies and practice areas. For some law firms this has meant cutbacks, particularly in the areas of staffing and perks, but for others, this closer look has revealed opportunities to create new service offerings.
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