Law Journal Newsletters

An ALM Website

The Red Zone

2013 - How Many Law Firms Will Survive?

By acolman@closersgroup.com

  • E-Mail this Article
  • View Printable Article

2013 - How Many Law Firms Will Survive?

Only one in eight firms have strategic plans, according to a recent ALM Intelligence survey and many don't have the skills and staff to implement them. This is a troubling if not alarming statistic for nearly three quarters of the country's law partners and management. Is it keeping them up at night? How many of those firms will survive the next five years?

Comments

Be the first to comment on this post using the section below.

Add your comments

Log In

You must be logged in to comment

Register

Enter your information below to begin your FREE registration

From Our Blogs

MOST POPULAR ARTICLES

MARKETING the LAW FIRM

Transitioning Associates from Worker Bees to Rainmakers

There comes a day when the partners of your law firm will tell their associates that they need to build their own clientele. If you are the associate, this is a chilling moment. And if you are a marketing professional, here is how you can help.

ACCOUNTING and FINANCIAL PLANNING for LAW FIRMS

The LPM Maturity Model

Unless you are deaf to the present realities in today's legal marketplace, you now hear the steady drumbeat of client-focused legal service delivery: a persistent rhythm driving you toward Legal Project Management (LPM). Clients are insisting that firms price and deliver services that fit their tolerance for risk, produce excellent results and keep the work within budget — all in the most efficient manner.

Tweets