There certainly is no conventional wisdom in today's economy on the depth, length, or severity of the current recession. Firms are actively engaged in significant analysis of economics and profitability management, expenses, marketing, and personnel.
Partnership in Troubled Economic Times
It is vitally important that partners examine the culture of their firm before making "blanket" modifications to the partnership structure/admission practices simply to satisfy the current, and perhaps short-term, economic issues.
By
Joel A. RoseThis premium content is locked for Accounting and Financial Planning for Law Firms subscribers only
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