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Establishing a Dominant Market Share

By H. Edward Wesemann
May 26, 2005

I see a lot of law firm strategic plans that talk about “establishing a position of dominance” or “being preeminent” in an area of practice, an industry or a geographic area. In my mind these are precisely the kind of market-driven, externally focused goals that law firms should be setting for themselves. The obvious question, however, is how does a law firm know whether or not it has created a position of dominance?

Is There Such a Thing as Dominance?

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