11/21/12

News You Can Use

Law Firms Confront Issues of Underutilized Partners; 15% Plan Cuts In Early 2013

A survey of 115 mostly large law firms has found partner billable hours are on the decline, and some lawyers will find themselves without employment as a result.

Fifteen percent of the firms surveyed by Wells Fargo Private Bank plan to cut partners in the first quarter of 2013, Reuters reports. The number is higher than the usual 5 percent typically reflected in the survey, but lower than recession highs of about 25 percent.

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11/21/2012

Succession/Exit Planning Question

Fifty seems to be the point at which attorneys being thinking about their retirement and their future. Some even consider and in fact make complete career changes at this point in their lives. Here are a few questions to begin thinking about:

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