Small Firms Make Big Corporate Gains In '08: Study

Law360, New York (July 6, 2009, 12:00 AM EDT) -- Small and midsize law firms have taken away nearly 30 percent of the market share for major corporate clients from AmLaw 100 firms over the past few years, and their willingness to explore new ways to add value could keep them gaining ground through 2009, according to a recent study.

In a series of one-on-one interviews conducted in 2008 with more than 550 corporate counsel representing primarily Fortune 1000 companies, the BTI Consulting Group found that firms outside the AmLaw 100 expanded their share of the...
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