Boutiques Face Fight To Keep Client Gains Post-Recession

Law360, San Diego (June 17, 2013, 10:06 PM EDT) -- The recent recession gave boutique law firms an opportunity to leverage specialized expertise and lower billing rates to lure clients from BigLaw competitors, but a recovering economy means boutiques will need to rival large firms’ new creative fee structures and embrace cutting-edge legal management technologies if they want to preserve their gains, legal experts say.

Boutiques, which cater to legal needs in a specific area, such as intellectual property or employment law, are flourishing after companies turned to them during the recession in search of more...
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