Midsize Firms Poised To Poach Clients, Partners

Law360, New York (February 19, 2009, 12:00 AM EST) -- As the economic downturn takes its toll on large law firms, midsize firms find themselves in a position for growth — attracting partners from their bigger but less stable rivals and touting their lower rates to compete for cash-strapped clients.

The downturn has been a bit of a boon for smaller and midsize firms, which were more conservative during prosperous times than their larger counterparts and now find themselves appealing to partners looking to flee unstable larger ships, consultants and a managing partner at a regional...
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