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he 150-year-old City firm just posted profitability numbers that will make some London big law partners wince, but the strategy is deceptively simple. While the Magic Circle firms continue their global expansion arms race, adding offices in places most partners couldn’t find on a map, Macfarlanes has been quietly doing something almost heretical in modern BigLaw: staying focused, staying small, and getting spectacularly rich in the process. Log in to read more . .
