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Strategies That Keep Cash Flowing and Profit Margins Growing

Partners and their managing-partner colleagues should consider implementing the strategies enumerated in this article to maintain cash flow and improve margins.

11 minute read February 24, 2012 at 01:38 PM
By
Joel A. Rose
Strategies That Keep Cash Flowing and Profit Margins Growing

At meetings and retreats, law firm partners openly discuss the implications of the continued recession that has resulted in fewer clients, lower revenue, reduced profits, and, ultimately, the need for fewer attorneys at the partner and associate levels.

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