Credit: Felipe Sanchez/Adobe Stock As Profits Dip, Firms Could Face 'Increasingly Difficult Decisions' Ahead
Law firm rate structures are already mostly in place for 2023 and firms are generally reluctant to walk them back, according to authors of a new study from Georgetown University and Thomson Reuters.
January 10, 2023 at 05:00 AM
5 minute read
High expenses, high associate pay and lower profits per partner may force law firms to make "increasingly difficult decisions" this year and beyond, according to a new report.
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