Business of Law
Meet S. Gerald Davidson, MP of Growing 21-Attorney Firm
Posted Mar 22, 2010 3:31 PM CST
By Martha Neil
When S. Gerald Davidson helped found the law firm that carries his name in 1968, he and a friend were its mainstays.
Now, there are 21 lawyers working for Davidson Fink, and the firm has been in an expansion mode in recent years despite its focus on certain practice areas—such as real estate—that haven't been strong lately. Davidson, the firm's managing partner, credits good lawyers who are active in the community and skilled at building connections and recognizing practice areas with growth potential, reports the Rochester, N.Y., Democrat and Chronicle.
The firm's real estate focus, for instance, served as a good springboard for providing default services to lending institutions, which represent a significant portion of Davidson Fink's client base.
"Frankly I've not seen an economic time as difficult for the practicing attorney as there has been over the past two years," he tells the newspaper. But at the same time that a partnership needs to keep its overhead as low as possible, it must also recognize the need for key staff who provide the services that make it possible for the firm to operate professionally, he says.
For Davidson Fink, that recently meant hiring an in-house information technology staff member, rather than continuing to rely on an outside service provider.