Many smaller firms are worried about their future. They are seeing increased competition and the availability of software that allow their clients to perform many of the functions that they previously supplied. In addition, staffing is a particular problem and it is extremely difficult keeping up with the latest technology. Many firms are also merging upstream with larger firms. Of course, the autonomy that these smaller firms prized is then gone. Some that want to remain independent are tending to specialize, but have to market their services much more.
Is there another solution? Probably, but it is going to be something completely different. Firms will really have to think way outside the box, So how about adopting an approach that has been used by other professions. It's actually quite simple. Don't doctors have practices in medical buildings and isn't it true lawyers comprise the bulk of the tenants of buildings near the courthouses?
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