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

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