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Hi, I got a general question with regards to how law firms work... Why would a higher ratio of fee earner to partner hours lead to higher profitability? I know that a higher ratio could result in a higher leverage, but why the ratio is important in the first place?Thanks!!
Hi, I got a general question with regards to how law firms work... Why would a higher ratio of fee earner to partner hours lead to higher profitability? I know that a higher ratio could result in a higher leverage, but why the ratio is important in the first place?
Thanks!!
