The Mid-Market Report’s law firm leader Q&As have provided our team with a great deal of insight into how midsize firms are strategizing and innovating to compete in an ever-changing legal industry. Read on for some of the answers that really got us thinking this year.
“We definitely experienced revenue growth and expansion during the recession. Many attorneys who were with mega firms joined Stites & Harbison because we provided them with a more conducive platform. With less overhead than a mega firm, attorneys can bill clients at a much more reasonable rate. Since the recession, things have leveled. Large law firms had to figure out ways to make necessary cuts to become more competitive with midsize and smaller firms.” – Robert Connolly, chairman of Stites & Harbison
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