Legal Experts Reveal Root Causes Of Firm Failures

Law360, New York (November 21, 2008, 12:00 AM EST) -- Experts have spoken out on the root causes of law firm failures and predict a steady number of mergers and dissolutions even after the economy recovers, shedding light on a matter of great concern to law firm management teams worried that their ships might be headed in the same direction as Heller Ehrman LLP and Thelen Reid Brown Raysman & Steiner LLP.

Lack of management and leadership, a flawed strategic vision that leads to ill-conceived decisions about growth and expansion, and partners' loss of confidence in...
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