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Legal News

: Yahoo Law News

Diamonds May Be a Law Firm's Best Friend in Economic Downturn (Law.com)

By Wire Services

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The current market seems to have thrown law firms' highly leveraged model out the door for the foreseeable future -- and maybe even permanently. In response to the economy and the shift to a buyer's market, firms are moving from the pyramid model of a few partners at the top and hordes of associates at the bottom to a diamond shape, in which several senior associates and junior partners make up ...

Full post as published by Yahoo Law News on May 12, 2009 (boomark / email).

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