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Law Practice

Dec. 17, 2016

Market forces said closing in on law firms

Market pressures are constricting profitability for many firms in a way that will require some of them to make drastic changes, say legal recruiters and accountants who work closely with law firm leaders.

By Joshua Sebold
Daily Journal Staff Writer

Market pressures are constricting profitability for many firms in a way that will require some of them to make drastic changes, say legal recruiters and accountants who work closely with law firm leaders.

Partners at accounting firm Armanino LLP said their most recent survey of law firms showed that the leveraged model law firms have relied upon f...

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