Why Small Firms Fail And How To Avoid Their Fate
Very few law firms fail because of bad lawyers. Even the best lawyers can watch their firms fail, often due to poor planning and poorer management. While several large firms have gone down in spectacular fashions recently, many smaller firms have disappeared quietly, failing for reasons that could have been avoided. Here’s an overview of the ways small firms fail – and how you can avoid their fate. Brilliant lawyers can be terrible businesspeople....