Best Practice: Law firm business models - Alternatives to consider
Asked and Answered
By John W. Olmstead, MBA, Ph.D, CMC
Q. Our litigation firm is located in Grand Rapids, Mich. and consists of 12 attorneys - eight partners and four associates. We started the firm six years ago as a result of several of us leaving larger law firms and wanting to start something new and different. We have been discussing our current approach to law practice and want to consider alternative business models. We would appreciate your thoughts.