Avoiding The Inverted Pyramid
- Wednesday, 17 July 2013
- Running a Firm
There is no question that the most profitable firms (defined as high per partner income) in our profession have figured out that leverage and a well-managed pyramid is one of the key ingredients. Why is it then that so many firms, and I would suggest the majority, are struggling with just the opposite – an upside down or inverted pyramid where there are lots of partners and managers but few staff.
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