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At the Intersection: Law's Tectonic Shifts

By Pamela Woldow

Any development that changes the rules and renders present practices obsolete is called a “destructive trend,” that is, something that utterly destroys the present way we think and do things, something that threatens to quickly alter the status quo. Over and again in our recent consulting engagements ' particularly with large firms, where trends tend to start ' we're seeing signals that the legal profession is caught in the confluence of destructive trends:

1. Firms have too many Income and Equity partners, and this is a major problem because client demand remains down and clients now have a rapidly growing number of excellent ' and cost-effective ' alternative sources of legal work. Firms are top-heavy, they know they are top-heavy, and they're not doing enough about it.

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