Credit: thicha/stock.adobe.com Law Firm Expense Cuts Can't Keep Growing, But Firms Are Looking to Invest Savings
"They don't want to come off these two years and have this profit cliff," Kristen Stark of Fairfax Associates said.
August 10, 2021 at 05:00 AM
3 minute read
Law Firm Management
The original version of this story was published on The American Lawyer
Expense cuts fueled many law firms' bottom lines during 2020. But legal analysts say such savings aren't a long-term strategy, even as pandemic uncertainty lingers and firm leaders appear hesitant to ramp up spending again.
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