Every year, The American Lawyer publishes a major survey regarding U.S. law firms. Of particular note to the industry is the section discussing profits per partner
Law Firms' Top Three Factors for Operational Success
Partners want to work for a firm that runs its operations well and gives them the best opportunity to be well compensated. There are many specific traits that can be debated, but there are three inherent operational difference makers that every law firm can control: business development, pricing controls, and controlling overhead costs.
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