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Law Firm Management Beware: Seven Ancillary Business Pitfalls

Some law firms create unique, successful ancillary business models that not only boost the bonus pool, but also attract related legal business. Other firms make assumptions about market need, create management teams around partner free time, and generate little or no revenue. How will your firm find a successful model that fits the your own firm culture?

9 minute read August 01, 2003 at 01:22 PM
By
Beth Cuzzone
Law Firm Management Beware: Seven Ancillary Business Pitfalls

Some law firms create unique, successful ancillary business models that not only boost the bonus pool, but also attract related legal business. Other firms make assumptions about market need, create management teams around partner free time, and generate little or no revenue.

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