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WSJ:Law Firms Demote Partners as Pressure Mounts Over Profits

Wall Street Journal, Law Firms Demote Partners as Pressure Mounts Over Profits: Faced with client pressure to keep down costs and industry competition to achieve the highest profits, law firms now frequently assess which lawyers are worthy enough for the top rungs of partnership. Those who don’t bill enough hours...
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THE LEGAL PROFESSION’S DECLINE CONTINUES, AT LEAST AT THE BIGLAW LEVEL: WSJ: Law Firms Demote Part…

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