By this time of year most law firms have will have prepared their strategic plan for 2014, which should flow from their existing 5- or 10-year overall strategic plan.
Most firms will have also done a risk scan of the environment to determine what factors can adversely impact their strategy and use that information to adjust their plans accordingly.
Most firms will identify compliance-type issues as risk factors.
Others will consider the economic environment and how that will impact revenue and use that to determine hiring practices.
The more thoughtful will analyze where their revenue comes from to determine if . . . [more]