OPINION: Beyond The 'Grow Or Die' Law Firm Model

Law360, New York (March 12, 2015, 7:46 AM EDT) -- The legal world was recently stunned by a huge gamble from a well-known law firm — Dentons has decided to merge with Dacheng, the largest firm in China, creating a more than 6,500-lawyer firm. This mega-firm follows in the wake of other firms taking a policy of “grow or die.”

Yet at the same time as these firms hold to their policy of expansion, the traditional law firm model is withering on the vine. Based on an outdated feudal system that creates inefficiency, unhappy lawyers and underserved clients, traditional law firms are shedding clients and attorneys in a new and unforgiving...

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