Recent posts and discussions on the de-leveraging of law firms got me thinking. The thrust of the discussion is that BigLaw (and law firms in general) will not have the same leverage on the other side of the recession. I offer my evolving thoughts on this subject.

No leverage = no profit. The only ‘firms’

I spent the weekend presenting at Lexis’ Advance Management in Private Law Libraries (AMPLL 2009). Even though the weekend started out by my missing the flight to Dallas, and then having to scramble to make the 5 hour drive (I did it in a little over 4) to make it to the conference