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Law Firm Leadership: Leading in Challenging Times

By Mark Beese
May 28, 2009

These are challenging times for law firms. Most of the AmLaw 100 and Second Hundred law firms have experienced layoffs, affecting both attorneys and staff, including the marketing and business development functions. Client demands and buying patterns are changing. Demand for legal services is down. Some practice area are experiencing unprecedented drought. Some have practically disappeared altogether.

Law firms are changing too, in some cases dramatically. For the past few years, managing partners were dealing with the “war for talent,” $160,000 associate starting salaries and global domination. I don't have to tell you what's on their mind today.

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