Research Reports

Product ID: 3728

To review this report's Table of Contents and Preface click here.

“There are huge opportunities for smaller law firms that don’t have a highly leveraged business model—as long as they can be nimble right now", according to Jay M. Jaffe, the president and CEO of Jaffe Associates, a leading legal public relations firm.
Learn how the current environment can offer your law firm opportunities to gain both new clients and talented attorneys with the real-life data on economic impact by practice area, attorney redeployment, planned hires by type, bonuses and compensation data, and much more.

With this exclusive Research from IOMA, you get reliable, representative data on how small firms are responding to the economic downturn from a sample of carefully selected law firms from various parts of the United States and with different specialties.

In addition to the analysis gathered from IOMA's recent survey, the report includes the 'stories' behind the data with sixteen case studies of how individual firms are approaching vital issues, such as:

• Reducing rates for some clients, and benefiting from a boom in employment work
• How practicing with smaller, start-up, entrepreneurial companies can help in the current environment
• Tackling the recession head on by freezing rates
• Energizing the deal flow by reconnecting with clients and referral services
• How keeping staffing and capping fees lean can lead to growth in the venture capital space
• Imposing a salary freeze to avoid layoffs
• Tightening expense budgets—but not at the expense of strategic planning
• And Much More

No-Risk Web Offer: You get IOMA's Ironclad 100% Money-Back Guarantee: if you're dissatisfied with your print report for any reason, return it within 30 days and you'll receive a full refund — with no questions asked. (Sorry, IOMA cannot grant refunds on electronic purchases.)