A Perspective From Accounting & Law
By Bruce W. Marcus, Contributing Editor
The popularity of the practice group -- an entity within a firm comprised of those who practice a specific area of law or accounting, or who serve a specific industry -- is well grounded, in that it opens a number of advantages to managing a practice and to better serving clients.
But so complex and management sensitive are practice groups that they open, as well, the easy propensity to misuse the practice group concept by poor management, canceling the value of a good concept.
The business environment faced by lawyers and accountants today is very different from that of just a decade ago.
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