Plaintiff-Side Work For BigLaw Can Bring Profit, Pain

Law360, New York (March 30, 2010, 7:12 PM EDT) -- Facing increasing competition and a sludgy economy, corporate law firms may want to copy McKool Smith PC's moneymaking strategy of taking on work for plaintiffs, but experts say crossing over comes with risks as well as rewards.

Law firms are looking to diversify as a buffer against an unforgiving economy. And a cutthroat legal market has forced some firms to take what they can get, said Julie Savarino, managing director of Business Development Inc.

Add to that a recent spate of big-name, big-dollar verdicts for plaintiffs...
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