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Large Firms

Feb. 20, 2014

Law firm 'growth' is an obsession — not a strategy

Bigger has not been better for clients or law firms, it has just been bigger. By Edwin B. Reeser


By Edwin B. Reeser


Which one of the following three statements do lawyers not understand?


1. The London Underground is not a political movement.


2. The Gettysburg Address is not where Abraham Lincoln lived.


3. Growth is not a strategy.


Growth is being pursued by a great majority of firms, endorsed as a laudable objective by many. But the approach is not delivering higher profits. Indeed in many firms pursuing growth, opera...

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