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By Hilary Potkewitz August 15, 2010 5:59 a.m. Over the past 18 months, a strange phenomenon has been sweeping the legal arena: Partners at major law firms are quitting because they want to be able to charge less for their services. At their own startups, they can offer lower, more…

A Hot New Trend: Leaving Big Law Behind By David Lat 20 Aug 2010 at 11:14 AM People are talking about an interesting Slate article entitled “Leaving Big Law Behind: The many frustrations that cause well-paid lawyers to hang out their own shingles.” It’s currently the most-read piece on the…

Boutique Law Firms may be the Future of the Legal Profession. An article in the National Law Journal (about this trend) discussed the creation of two new boutique law firms, both of which had broken away from some of the nation's biggest law firms. Read more: link

Despite an increase in demand, clients will be hesitant to spend for overpriced services; instead, they will increasingly demand alternative-pricing plans to bring the cost of service further in line with the value it provides. (Law Firms Market Research Report, IBISWorld, Nov 2012) Read more: http://www.prweb.com/releases/2012/11/prweb10162116.htm

Reality Sinks in: Attitudes Have Changed About the Post-Recession Marketplace Posted Aug 1, 2012 12:20 AM CST Back in spring 2009, few law firm leaders told the first Altman Weil Law Firms in Transition Survey that they believed several law practice challenges highlighted by the recession were permanent. But four…