It’s no secret that the legal profession has been facing a host of challenges in recent years, including layoffs and consolidation at many large firms and a steep decline in enrollment at many law schools as students who graduate are confronted with astronomical debts from their student loans and grim job prospects.
And yet, a number of law firms have been doing relatively well, particularly smaller ones, according to a recent report from the financial information company Sageworks. The company believes there is an opportunity for accountants to provide professional services to law firms. For every bankrupt Dewey & LeBoeuf, there's an Atticus Finch in waiting.
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