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As soon as Duane Morris gets as big as it can, it turns around and gets bigger. In 1997 the Philadelphia-based firm had about 225 lawyers; today, it's 550, and by 2007, firm chair Sheldon Bonovitz expects to have 1,000 lawyers. Growth like this usually comes via mergers, but Duane Morris has been hiring only solitary partners and small groups. Considering the bottom line, has the strategy worked?
March 01, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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