Dawdling Law Firms Should Sharpen Their Claws: Report

Law360, New York (March 23, 2012, 3:40 PM EDT) -- With corporate spending down and the legal market slowly climbing out of the recession, Winstead PC, Holland & Knight LLP and other law firms getting the short end of the stick need to fight for their position, according to a new report on corporate legal spending.

Firms with diminished market share and per-attorney profitability must be willing to make dramatic strategy changes to get their piece of companies' more modest post-recessionary spending on outside counsel, according to the 2012 BTI Strategic Review and Outlook for the...
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