Legal Leaders Short-Sighted Amid Industry Changes: Survey

Law360, New York (May 22, 2013, 1:53 PM EDT) -- The legal industry is undergoing seismic and permanent shifts toward greater efficiency and a smaller profession, but most managing partners appear focused on short-term strategies to prop up quarter-to-quarter revenues, according to a survey of managing partners released Tuesday and its author.

According to Altman Weil principle and survey author Thomas Clay, among several worrying results of Altman Weil's annual Law Firms in Transition survey for 2013 were responses to an open-ended question about managing partners' top-level concerns for the coming two years. 

Mentions of revenue,...
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