Law firms turning to partners for financing: American Lawyer

It’s hard times out there. So hard, in fact, that law firms are increasingly looking to their own partners — and not financial institutions — for favourable terms on capital infusions, according to an article published this month by The American Lawyer magazine.

AmLaw interviewed dozens of managers at top U.S. firms to investigate the growing trend toward internal financing. The magazine could confirm details for 20 firms, of which 6 have increased partner capital requirements recently.

Read the feature right here.

David Dias

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: