A thought-provoking blog post from law firm management consultant Hildebrandt.
Last year, we linked to a couple of articles (here and here) reporting that (at least some) midsize firms (100-300 attorneys) appeared to be weathering the economic downturn better than their Biglaw counterparts.
However, according to the Hildebrandt blogger (and we agree!), just as large law firms have had to adapt their business model to new economic realities, midsize firms have to make some big changes as well. Hildebrandt’s blog post suggests what those changes may look like.