Business Plans: A New Reality

Now that the legal industry is reeling from losses, layoffs and downsizings, lateral hires are being run through an even more stringent gauntlet. Many firms now want to see business plans from all lateral partner candidates.

10 minute read May 26, 2009 at 09:54 AM

Law.com Staff

A couple of weeks ago, I was a panelist at an event sponsored by the New York Bar Association. The event was designed to help attorneys learn the importance of, and how to produce, a business plan.

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