Law Practice
Oct. 23, 2014
Couple global resources with local access to excel
Borrowing the title of New York Times columnist Thomas Friedman's book, the legal landscape today is hot, flat and crowded.
Stephen J. Hirschfeld
Hirschfeld Kraemer LLPStephen is the founder of the Employment Law Alliance. Both organizations are based in San Francisco.
Borrowing the title of New York Times columnist Thomas Friedman's book, the legal landscape today is hot, flat and crowded. Since the legal industry's realignment, accelerated by the Great Recession in 2008, three principles have emerged: first, law firms are evolving - pruning unprofitable practice areas and adding ones either with higher rates or more modest rates with high volume; second, geographic fiefdoms and rich legacies historically tied to large, institutional clients have quic...
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