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Law Firm Liquidity in the Midst of Covid 19

By Roger Hayse on April 2, 2020
Posted in Crisis - Financial Considerations, Law Firm Crisis, Law Firm Leadership

The vast majority of law firms are already or in the throes of or are about to experience a marked decrease in revenue, whether to closed courts, stalled transactions, or simply because clients are pulling back and paying more slowly.

For a very small minority of law firms declining cash balances aren’t a problem thanks…

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Few making their way in the legal profession today will dispute the fact that ours is an industry in the midst of change. What we propose to do here is engage in an on-going conversation centered on aspects of the high consequence change faced by today’s law firms. From seasons of crisis on one hand, to the challenges of opportunistic transition, we bring perspective born of hands-on experience, and a commitment to explore innovative solutions to turbulent times.

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Photo of Roger HayseRoger HayseDirector/Co-Founder

Roger Hayse is a founding Director of Hayse LLC. For 30 years he has closely advised law firm management and legal industry service providers. His…

Roger Hayse is a founding Director of Hayse LLC. For 30 years he has closely advised law firm management and legal industry service providers. His career is highlighted by consistently providing the counsel and leadership critical to successful law firm transitions. He is a frequent writer and speaker, and authored the 2002 book “Law Firm Strategy”.

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Photo of Andrew E. JillsonAndrew E. JillsonDirector/Co-Founder

A founding Director of Hayse LLC, Andrew Jillson is a veteran when it comes to advising law firms and other companies on the challenges and…

A founding Director of Hayse LLC, Andrew Jillson is a veteran when it comes to advising law firms and other companies on the challenges and opportunities faced by an enterprise in transition. In more than 30 years as a lawyer, he has counseled across every industry, advising wherever personnel, operational, strategic and/or legal issues converge to necessitate organizational change.

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