There is always an argument about whether clients are well served by choosing big law firms. Well, Bloomberg BusinessWeek did a long article in May 2013 where it discussed how big firms are cratering. A couple of things stood out in my mind:
1. According to Altman Weil, a leading management consultancy specializing in law firms, “there are no economies of scale in private law practice.” Yes, you read that correctly: “Larger firms almost always spend more per lawyer on staffing, occupancy, equipment, promotion, malpractice, and other nonpersonnel insurance coverages, office supplies, and other expenses than do smaller firms.” And
2. The lawyer you think you are hiring at the big law firm may be gone tomorrow and, in any case, is probably not the lawyer who will actually be handling your case.