Top 5 Signs A Law Firm Could Be In Trouble

Law360, New York (July 18, 2012, 9:17 PM EDT) -- The recent collapse of Dewey & LeBoeuf LLP raised the question of which firm might be next, and while few can accurately predict the answer, experts say there are several signs that, if exhibited together, may indicate a law firm could be in trouble.

With the implosions of several major law firms over the past several years, including Howrey LLP and more recently Dewey, many industry insiders have said there were early warning signs that these firms were struggling long before they closed up shop. ...
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