How to Find Professional Fulfillment Outside the Equity Partnership Model

, The National Law Journal

Attorney Marc Dreier says there's a uniformity in the business model of law firms that often no longer serves lawyers' objectives. The profession clings to the presumption that a successful firm must be an equity partnership, yet lawyers seem disappointed by that model. Dreier suggests a different business model that may be suitable for a small or midsize firm. "There is more than one way to successfully organize a law firm and ... some of the conventional premises are worth re-examining," he says.

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