For midsize law firms that can afford to have sub-specialties on staff, the reward can be a go-to service offering that generates a national or international client base for an otherwise regional firm, consultants noted. But that also puts the group at increased risk of being snatched up by larger firms.
March 22, 2019 at 04:18 PM
1 minute read
Editor-in-Chief
The original version of this story was published on Mid Market Report/midmarketreport
Editor’s Note: This story is adapted from ALM’s Mid-Market Report. For more business of law coverage exclusively geared toward midsize firms, sign up for a free trial subscription to ALM’s weekly newsletter, The Mid-Market Report.
The growing trend for both law firms and individual lawyers to narrow their service offerings has become almost unavoidable for most firms as clients increasingly seek uber-specialists for their discrete legal needs.
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