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Law Practice

Aug. 16, 2014

Do you know if your firm is sinking?

Law firm failures often catch partners by surprise. So can you make an informed evaluation of how your firm is doing? There are metrics which help, and you needn't be an analyst to use them. By Edwin B. Reeser


By Edwin B. Reeser


Law firm failures often catch partners by surprise. So can you make an informed evaluation of how your firm is doing? There are metrics which help, and you needn't be an analyst to use them. These aren't profits per equity partner (PPEP) and revenue per lawyer (RPL), typically associated with measuring performance.


Lawyers are buried in PPEP and RPL figures, yet we know those are susceptible to manipulation. Before its demise, ...

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