Large Firms
Jan. 4, 2011
Law Firms: Retooling for Survival
The legal industry in 2010 underwent a sea change. Firms become leaner after deep cuts in 2008 and 2009 and now the industry is adapting, said William D. Henderson, director of Indiana University's Center on the Global Legal Profession.
Daily Journal Staff Writer
In the 1920s, the construction industry made a huge shift in one of its core materials. Time-consuming plaster gave way to cheaper and more forgiving sheetrock, and experienced apprentices lost job after job.
In 2010, the legal industry underwent a similar sea change, many experts believe.
Firms were leaner after deep cuts in 2008 and 2009. And just as the construction industry did with...
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