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Perspective

Mar. 17, 2009

A Chance to Right the Ship

The recession is providing firms a chance to exercise new clarity of thinking when it comes to firm structure and hiring.

By Peter D. Ocko

Where normally this year Southern Californians revel in the harbingers of spring - longer days, the smell of jasmine and warmer nights, many legal professionals may feel as though they are still mired in a dark winter. Coupled with the seemingly inescapable media barrage of economic news are the daily jolts of firms around the globe laying off hundreds of attorneys and preparing for more, and commentators hastily announcing the demise of the traditional...

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