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Streamlined firms emerge from ashes of annus horribilis

Reducing partner numbers is a little more than a palliative care solution. The core problem is a business model that delivered so many partners in the first place; especially when a large proportion of them are unable to generate income that exceeds thier true fixed costs. The result is top heavy operations providing services at unnecessarily high prices. In this environment it is little surprise that commercial cleints feel alienated and want more for less - who wouldn't?

30-Nov-2009

7:02 pm