Firms Double Up At The Top To Fight Slow Legal Market

Law360, New York (March 22, 2013, 7:52 PM EDT) -- Anxious firms looking for a competitive edge in a down market are increasingly considering a dual managing partner structure in order to keep productive lawyers in their profit-generating practices, rather than burdening one partner with heavy administrative duties, experts said Friday.

The pressure is two-fold, experts say: Rising partners feel under pressure to stay visible in the industry and keep their careers focused, while nervous firm leaders are more reluctant than ever to tap their most promising future leaders and pull them away from client work....
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