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Solo and Small Firms

Jan. 14, 2012

Learning from the Past

After suffering from previous real estate downturns, Gilchrist & Rutter PC have figured out not only how to protect themselves but also how to come out ahead.


By Susan McRae


Daily Journal Staff Writer


SANTA MONICA - The real estate practice might be shaky for some firms, but for lawyers at Gilchrist & Rutter PC, times couldn't be better.


First, they had to endure hardships before realizing any rewards. During the bust of 1991-1992, the firm shrank from 14 lawyers to six.


"We had all our eggs in one real estate basket. We weathered [the recession] by suffering," said mana...

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