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Steps Firms Can Take Now To Prevent Dissolution

By Shannon Henson (July 23, 2009, 7:41 PM EDT) -- A law firm in distress finds itself feeling pressure from almost every direction — from clients demanding lower rates, skittish attorneys worried about the firm's future, and bankers unwilling or unable to negotiate credit terms. However, consultants say there are several things firms can do to try to manage the situation and stay afloat....

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