By Ronda Muir of Robin Rolfe Resources, Inc. and LawPeopleBlog.com
“Gentlemen, we have run out of money. It is time to start thinking.” Nobel-Prize Winning Physicist Sir Ernest Rutherford
After a blistering year of record downturns in revenues and profits, law firms have been responding by battening down expenses—eliminating summer programs, reducing compensation and bonuses, delaying the entry of new classes, and cutting their ranks, even of partners. And most law firm consultants continue the tradition of ..read more
