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Law Practice

Feb. 5, 2002

Money Game

Dicta Column - By Donald H. Oppenheim - Law firms need to manage declining profits better now than they have in the past. Many highly publicized dissolutions of once-leading firms could have been avoided if firm leadership had paid more attention and managed more proactively during the early stages of the downturn. Dealing with the problems later when they become real rather than merely hypothetical often is the wrong management technique in tough times.

        By Donald H. Oppenheim

        Law firms need to manage declining profits better now than they have in the past. Many highly publicized dissolutions of once-leading firms could have been avoided if firm leadership had paid more attention and managed more proactively during the early stages of the downturn. Dealing with the problems later when they become real rather ...

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