Posts tagged as:

smaller regional law firms

TweetThis week’s Dewey & Leboeuf bankruptcy is more evidence that the law business has changed radically since 2008.  Law firms that insist on doing business as usual and continue to raise their rates each year will continue to see declining profits as clients seek out smaller, regional law firms with more competitive fee structures. To […]

{ 1 comment }

TweetDewey & LeBoeuf’s seemingly rapid free fall has caught the attention of business analysts and bankers as much as the legal community.  As a result, the legal industry today is undergoing the same scrutiny as the financial services industry did in 2008. While criminal allegations, lush multi-year contract guarantees and big debt dominate the Dewey […]

{ 2 comments }