This article appears in full in the MoBarNews.

The world needs lawyers. People have disputes, contracts, estates, and regulatory puzzles that require the legal knowledge and services lawyers offer. But being needed does not necessarily mean being profitable.

Even as the legal market posts solid gains, many firms, especially mid-tier and smaller firms, are feeling the squeeze. Rising costs, talent competition, and changing client expectations are pressing firms to rethink long-standing operational assumptions…

Members can read the full article on the Missouri Bar site.