How Law Firms Are Planning for 'Rocky' Times Ahead

Law.com reporter Andrew Maloney speaks with Brian Meegan, partner at Kupfer., about how firms need to prepare for an extended economic downturn. “In a former firm of mine, we did a lot of representation of special districts. Those are lower, they tend to be negotiated rates, which are not higher billable rates, but they’re doing it day in and day out, and there’s a lot of volume there that can be dependable revenue when you need it,” explains Meegan.

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