Lessons of The Am Law 100

By aggressively cutting costs, The Am Law 100 eked out a small increase in profits. But the tough choices are just beginning.

, The American Lawyer

It could have been worse. That's the best that can be said for the performance last year of The Am Law 100. By aggressively cutting costs, firms eked out a small increase in profits. Still, for law firm owners and employees, the results suggest that easy answers will be hard to find, wherever they look.

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