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Partner cannibalization is next.

Looking ahead, the report predicts law firm revenue will be ...
hairraiser salmon circlehead
  03/08/10
feeding frenzy
provocative coral stage turdskin
  03/08/10
...
hairraiser salmon circlehead
  03/08/10
Why are all lawyers so greedy?
Mildly autistic pale faggotry legal warrant
  03/08/10


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Date: March 8th, 2010 5:20 AM
Author: hairraiser salmon circlehead

Looking ahead, the report predicts law firm revenue will be flat or just slightly higher than last year; profits, too, will remain flat or move up no more than 5 percent. The key to a firm's individual performance during during this period of recovery will be how firm leaders will handle costs that until now have been spared. The reports says firms should look to their partner ranks, both equity and non-equity, in further cost-cutting efforts. According to the report, in the years prior to the downturn, the number of partners grew at a faster pace than the growth of overall lawyer headcount, leading to "over partnered" firms. The report predicts firms will address this imbalance by paring down partner ranks with "tough love" conversations and early retirement packages. Jones states, "We expect this year that additional cost savings are likely to come out of the partner ranks because everything else has been cut extensively and that is the logical place for future savings."

http://www.law.com/jsp/article.jsp?id=1202445357887

(http://www.autoadmit.com/thread.php?thread_id=1244587&forum_id=2#14330517)



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Date: March 8th, 2010 5:22 AM
Author: provocative coral stage turdskin

feeding frenzy

(http://www.autoadmit.com/thread.php?thread_id=1244587&forum_id=2#14330518)



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Date: March 8th, 2010 2:26 PM
Author: hairraiser salmon circlehead



(http://www.autoadmit.com/thread.php?thread_id=1244587&forum_id=2#14332543)



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Date: March 8th, 2010 2:27 PM
Author: Mildly autistic pale faggotry legal warrant

Why are all lawyers so greedy?

(http://www.autoadmit.com/thread.php?thread_id=1244587&forum_id=2#14332550)