Centro de Documentacion de Fundación MAPFRE - COVID-19 : implications for law firms

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<subTitle>: implications for law firms</subTitle>
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<namePart>Babbitz, Todd </namePart>
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<note type="statement of responsibility">Todd Babbitz...[et al.]</note>
<note>The COVID-19 challenge is unprecedented, both for the economy and for aspects of the legal system. Law-firm leaders must prepare for a wide range of scenarios, the likelihood of which will depend on the effectiveness of both public-health- and economicpolicy interventions. This article highlights five lessons from previous downturns, outlines potential implications for client demand across practice areas and sectors, and suggests priority areas of focus for law-firm leaders. The most effective firms will manage with a through-cycle mindset, giving appropriate attention to near-term pressures while laying the groundwork for long-term success.</note>
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