as one generation ages out, a new one reshapes the future of the profession.
see the complete 2014 roundtable
by tim michel
michel consulting group
analysis
firm growth has improved overall from the last several years and firms are increasing profitability again. but firms are dealing with several major issues, some brought about from the recession, and some brought about from their internal circumstances.
the recession caused many firms to cut back on staffing and hiring. their partners and managers recorded more charge hours as they felt they needed to be more productive and often did not have the staff to delegate to.
in the last year, many firms are flnding they do not have the staffing model they need to continue to grow. it seems every firm is looking for that three- to five-year person, especially in the tax area.
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