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Tag: legal industry

Law Firm Partnership Tracks Running Firms into the Ground – Is there a Solution? (Part 1 of 2)

Posted on October 26, 2016 by Rebecca Michael

Being an equity partner at a law firm used to be a give-in. For decades those who were relatively competent lawyers who served their time at the firm made equity partner.1 After the Great Recession the legal industry was hit hard and law firms were forced to reorganize themselves to remain competitive. The Recession marked…

The Business of Law Firms: Evolution Driven by Pressure

Posted on February 22, 2016 by Tyler Replogle

Law firms are evolving. This evolution is in response to market pressure demanding that firms do more with less.1 To meet this demand, law firms are striving to reduce costs, improve efficiencies, and differentiate from rival firms.2 This blog is the first in a two part series, examining the evolution of law firms. This first…

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