Thursday, May 26, 2011
Keeping up with the Joneses just got a little easier.
Altman Weil's "Law Firms in Transition Survey 2011," authored by Thomas Clay and Eric Seeger. Struggling to keep up with the Joneses? You're probably not alone. And thanks to Clay and Seeger, you now know exactly what the Joneses are doing. 240 US law firms with 50 or more lawyers responded to their survey covering a broad range of themes, like economic performance and pricing, use of alternative fee arrangements, partners and partnerships, growth, and law firms in transition. It's a useful report on the state of the profession, on the goals and challenges and objectives of your competitors. And according to Clay and Seeger, it's a positive report, indicating that "confidence [is] high among US law firm leaders in firms of all sizes." Read it, and see for yourself.