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February 2009 - More Partner Income

More Partner Income

Syndication

  • Strategic Leverage: Just as Important as Ever

    It is part of my job to make sure I am up to speed on all the economic movements of firms here and abroad as this economic downturn has not trickled down but headed full- fledged into the legal industry. Each day I read article after article about associate and staff layoffs at firms of various sizes and peer status. In addition I attend conferences and listen to Managing Partners, CFOs, and other C-level staff address how to combat this downturn through various actions used to cut costs. At most conferences there has been an inevitable line of presentations on reducing overhead along with addressing the headcounts of staff and salaried timekeepers.   If I have to hear about controlling space planning and technology expenditures anymore I think my head might spin. 

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  • A Different 2011 Scenario: Leverage Expands

    Over at the AmLawDaily, Paul Lippe recently caught our attention here at Redwood Analytics with his sensational headline, (" Welcome to the Future: The 2011 Scenario and the End of Leverage ,") but we're having trouble connecting the dots...
  • Merit Based Systems?

    The recent NYT article, “ Chill of Salary Freezes Reaches Top Law Firms ”, once again highlights that the recession is causing many firms to rethink their compensation structure. In the short term that means freezing salaries. “There...
  • Watch This Space

    Keep watching MorePartnerIncome.net, now sponsored by Redwood Analytics as part of LexixNexis, as we bring you more of the thoughtful content you've come to expect on the financial management of the law firm. We welcome your comments and ideas, and...