Failing law firms - how to spot one

Whilst economic changes contributed to the demise of some firms, David Parnell will tell The Future of Law Summit that issues around strategy, firm culture and financial management were far more detrimental.

How to spot a failing law firm

Mr Parnell looks at 42 recent failures of US commercial firms in his new book, 'The Failing Law Firm - Symptoms and Remedies'. He analyses governance and compensation models, firm culture and overall firm strategy and makes it clear how they can jointly and severally lead to firm failure. He examines the trends in failing firms and outlines criteria for predicting others facing the same fate. For further information on The Future of Law Summit, contact Benmartin@futurelex.com.

Email your news and story ideas to: news@globallegalpost.com

Top