Note To Managing Partners: The Time To Act Is Now

Law360, New York (October 9, 2008, 12:00 AM EDT) -- The fate of law firms that have taken a hit in the current financial turmoil rests largely in the hands of their managing partners, who need to act quickly, wisely and forcefully to help their firms weather the storm, experts say.

What follows are five practical and timely tips for managing partners that seven industry experts shared with Law360.

While the tanked economy is affecting different firms in different ways, these suggestions include wisdom for firms that have lost tremendous amounts of business, firms that were...
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