3 Cost-Cutting Resolutions Law Firms Can’t Afford To Break

Law360, New York (January 16, 2014, 9:14 PM EST) -- Law firm leaders are getting more serious about cost cutting and employee efficiency in 2014. It appears the procrastination related to “people issues” may be over.

Firms took more steps to eliminate unproductive partners and offered buyouts to support staff in 2013. But, while cutting costs, including payroll, is not new, there is something decidedly different about 2014. Many firms are asking “what do we do after the buyout?” The answers are decidedly more creative and more difficult to implement. Firms traditionally have shied away from...
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