Back in the 1980s, the book In Search of Excellence popularized the notion that companies should stick to their knitting. They should do what they do best and not get distracted by potentially appealing side businesses.

For law firms, this presumably means that lawyers should practice law. Period. Paragraph.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]