Does growth as a strategic goal always make sense for law firms?

Not if you ask Felix Oberholzer-Gee, a professor of business development in the strategy unit at Harvard Business School and a consultant to several law firms. He argues that some firms are wrongly focused on taking market share when they should be paying more attention to increasing profitability. Oberholzer-Gee is co-author of “The Limits of Scale: Companies That Get Big Fast Are Often Left Behind. Here’s Why,” in the April 2014 issue of Harvard Business Review.