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Managing Partner Alan Tarter Quoted in the Am Law Mid-Market Report on the Ability of Mid-Size Firms to Adjust to Market Pressures

June 14, 2019

Managing partner Alan Tarter was quoted in an Am Law Mid-Market Report article, "Chasing Financial Gains? Bigger Scale Doesn't Mean Bigger Growth." The article delves into promising takeaways for mid-size firms within the Am Law 200, which include specializing, streamlining and pivoting.

Alan told the publication that mid-size firms like Tarter Krinsky & Drogin are adept at adjusting to market pressures, citing rate flexibility and alternative fee arrangements as reasons why. Alan also said that talent acquisition and retention is also easier when the firm can quickly implement attractive talent development and business development programs.

Highlighting the unique place for mid-size firms in today’s market, Alan noted that these firms are in a favorable position for working with large companies on "specialty work where Big Law isn’t required,” as well as the many middle-market companies that need outside general counsel or a supplement to their small legal departments. 

Alan said, "Today, law firms have to constantly reinvent themselves and evolve. We have to constantly evolve…With a more agile organization, it’s easier to pivot.”

Read the full article (subscription required).

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