law.com - Is Leverage Overrated?

Not overrated in my book, but as always, the better answer is 'it depends'. This quote seemed more reasonable:

"'If your associates aren't busy or the work being done is priced at low levels, high leverage will be your enemy, not your friend,' O'Malley said. 'To the extent a lean and mean staffing approach corresponds to high utilization rate, it will inevitably drive profitability.' "