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Surviving the downturn – Part 1  (access required)

Rainmakers weather dry recessionary skies

The recession has affected lawyers and law firms of all stripes and sizes, altering relationships, changing expectations and forcing uncomfortable conversations between lawyers and clients about the way legal business used to be done, the way it’s done now and the way it will be done in the future. Most lawyers say they began to feel the recession’s effects in the first quarter of 2009. Practical changes in the handling of cases, dealings with clients and firm management quickly followed. Charlotte attorney Zipporah B. Edwards (pictured) said her practice group at Horack Talley, which provides legal services for title insurance companies, has seen what she calls a “counter-cyclical uptick in the last several years because of mortgage-related issues and foreclosures.” But she’s also seen some belt-tightening by clients.

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