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The firms that have made this a strategic priority are already stealing clients from other law firms and will steal more, of course leaving other firms with less profitable clients and a shrinking client base.
Similar(59)
But in recent years, as his client base shrank by more than half, Mr. Cherubin, 54, has been forced to lay off the last of his employees, walk rather than drive to work and halt the construction of his Haitian school.
But with the company under indictment, its client base rapidly shrinking and its overseas offices likely to be sold to a competitor, the chances for the large-scale settlement incorporating significant reforms appear to have slipped away.
But his client base has shrunk to 300 customers from a peak of 800 and he has had to lay off his last few employees.
Over the last year, as Mr. Giuliani competed in the Republican primary for president, he was largely absent from his company, and it shrank both in staff and in client base.
Mr Ackermann's strategy has been to rely heavily on investment banking and trading profits, while shrinking the bank's low-margin lending and attempting to expand the retail and private client base.
The client base is growing, too.
Excellent client base.
"Our client base is the Mayo Clinic.
"You'd need a sizeable client base.
"They're expanding their client base".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com