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Legal News

: Yahoo Law News

A Time of Recession and Repair for Law Firms (Law.com via Yahoo! Finance)

By Wire Services

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Early financial data suggests a grim 2009 for law firms, according to Dan diPietro of Citi Private Bank's Law Firm Group. But diPetro says firm leaders have the chance to fix a broken business model -- a business model that relies too heavily on leverage and billing rate increases to drive profit growth, thumbs its nose at the concept of pay for performance, especially at the associate level, ...

Full post as published by Yahoo Law News on May 01, 2009 (boomark / email).

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