Defending Dominance
Ed Weseman gives advice on how law firms can stay "king of the hill", if they are careful and strategic:
1. Attack: an aggressive frontal assault on the competitor that will eliminate the other firms as effective competitors while solidifying the dominant firm's position.
2. Increase Breadth: taking the critical mass, capabilities, name recognition and stable of clients that provide a firm with dominance in one market and using them as a base to create dominance in another.
3. Refocus: refocus the firm toward its areas of strength by reducing or eliminating weak areas of practice.
Great article, Ed. Read his post here.
- Mark Beese


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