Top 5 Recession Lessons For Law Firms

Law360, New York (May 1, 2009, 12:00 AM EDT) -- Though the economy looks to be gaining strength, law firms would be wise to pay attention to some of the lasting lessons of the crisis and not return to their old ways once they have fully recovered, legal experts say.

Here are the top lessons for law firms to take away from the crisis:

1. Approach The Law Like A Business

The days of the powers-that-be conducting a full-time legal practice on top of their managerial duties may be over to some degree, according to Gary...
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