More big businesses flock to boutique law firms, and for good reason

While big law firms are cutting back, boutique firms are thriving as efficient operations that offer superior client service.

2013-04-11

April 11, 2013 (Press-News.org) What kind of law firm do you want handling the legal needs of your business? In the past, many successful businesses unquestionably turned to the big-law general practice, where hundreds of attorneys practiced law over a wide array of practice areas. In today's dynamic business environment, however, the better option for meeting a company's legal needs is increasingly a specialty boutique firm.

Boutique law firms are typically small offices of 5 to 15 attorneys. Boutique firms have a more specialized, narrow focus, confining their services to a given practice area or industry. Boutique law firms are also usually led by highly experienced senior partners.

So why are many big businesses turning to boutique law firms? First and foremost is the level of service. Because boutique law firms typically focus on one area of law and attract top legal talent, they can provide more in-depth expertise than larger, general practice law firms. What's more, with a smaller client list, boutique firms can provide more individualized service.

Another advantage of a boutique law firm is their cost structure. Large firms tend to derive profits from growing the scale of the firm and raising hourly rates. Boutique firms, on the other hand, tend to focus more on efficiency. Boutique firms do not have the same overhead costs as their large firm counterparts; some boutique firms even outsource administrative functions so that attorneys can focus on the practice of law. Most boutique firms charge 25 to 30 percent less for the same services compared to a comparable general practice large firm.

Finally, in today's economy, many boutique firms are subject to less turnover and are more stable than larger firms. Larger firms have scaled back on personnel in recent years, generally carry more debt than smaller firms and are not able to adapt to clients' needs as readily as boutique practices. Boutique firms serving a small, loyal client base can offer more consistency in their representation. Lawyers serving a particular client in a boutique firm are able to stick with a case or issue over the long term and develop meaningful working relationships with clients.

If your company is looking for dynamic legal solutions at reasonable rates, you should consider a boutique law firm. While a boutique firm may not be right for every business in every situation, in many cases, boutique firms do have significant advantages. Get in touch with a boutique business law firm today and see what more personalized service could do for your company.

Article provided by Raymond Law Group LLC
Visit us at www.raymondlawgroup.com

ELSE PRESS RELEASES FROM THIS DATE:

National Board Certifies Attorney to Exclusive Group

2013-04-11

Continuing a tradition begun by its founder, Theodore I. Koskoff, the law firm Koskoff, Koskoff & Bieder announced today that one of its attorneys has been certified to the National Board of Trial Advocacy. J. Craig Smith is the latest Koskoff attorney to meet the requirements to become certified with the National Board of Trial Advocacy, the Bridgeport-based firm said. Smith specializes in cases involving complex legal questions and the vindication of plaintiffs' rights. His multimillion dollar settlements and verdicts include a case against a trucking company ...

Georgia Group Health Insurance Provider, Providence, Knows that Involved Patients See Better Results

2013-04-11

Providence Insurance Group, a Georgia small group health insurance broker, finds that in health care as in life, people see better results the more involved they are in the process. New research published in February's issue of Health Affairs confirms this theory, showing that patients' level of engagement in their health care corresponds inversely with how much they pay for health care. Patients who are invested in their overall wellbeing and are highly engaged in ensuring that they receive the best health care have significantly lower average healthcare costs than ...

Transport Your Wedding Party this Spring with Atlanta Bus Rentals from Samson Trailways

2013-04-11

You have pored over the details of the cake, dress, centerpieces, and seating plan for your special day. What often gets overlooked in the commotion of the wedding day festivities is the transportation of the wedding party. Atlanta bus rental company, Samson Trailways explains that leaving this important detail up in the air or at the mercy of family members can add undue stress, hassle, and safety concerns. Hiring a professional Atlanta charter bus company will ensure that your wedding party arrives at the venue on time and as quickly and safely as possible, allowing ...

Atlanta Tree Service Yellow Ribbon Tree Experts Offers Stump Removal and Grinding Services

2013-04-11

With spring storms just over the horizon, many Atlanta residents are worried about the health and safety of their trees--and the mess that most Atlanta tree removal services leave behind when unhealthy or dangerous trees have to be removed. Removing the tree seems easy when homeowners are faced with getting rid of an unsightly stump by themselves when a tree removal service leaves it behind. The Atlanta tree services professionals at Yellow Ribbon Tree Experts understand that a tree removal job is not finished until the stump is removed as well. The company has specialized ...

Make Friends with Career Advisors, Notes Austin Employment Agency, TRC Staffing Services, Inc

2013-04-11

Austin staffing agency recognizes the value of connections. TRC Staffing Services, Inc, a leading Austin staffing agency, would like to discuss the value of student-career advisor relationships. Higher education has long been an opportunity that people strive for; obtaining a college degree improves marketability to potential employers in addition to providing a lasting network of professional contacts. Students coming straight out of high school often do not think of the end of their college careers; four years can fly by, however, which is why students need to establish ...

Tampa Bankruptcy Attorneys, Clark & Washington, Discuss Football Star, Warren Sapp's, Bankruptcy

2013-04-11

The Tampa bankruptcy lawyers, Clark & Washington, would like to discuss football legend Warren Sapp's recent bankruptcy filing. It is very common for celebrities, especially professional athletes, to find themselves in financial straits. Although they make a lot of money (Sapp had a reported net worth of $82 million), they often the lack the economic know-how to effectively manage their income. Unlike their fellow wealthy patrons, athletes are often thrust into the world of the rich and the famous after coming from working and middle class backgrounds. The bankruptcy ...

Orlando Bankruptcy Lawyers, Clark & Washington, Address Casey Anthony's Filing for Bankruptcy

2013-04-11

The Orlando bankruptcy attorneys, Clark & Washington, would like to shed some light on the decision by Casey Anthony to file bankruptcy. Now a household name, the mother that was acquitted of killing her 5 year old daughter in 2008 reportedly owes $800,000 in liabilities with only $1,000 in assets. The bankruptcy attorneys in Orlando note that a large portion of this debt is the result of her trial that shocked the nation. The expenses include nearly $200,000 that was paid by Anthony for professional photographs, in addition to the mass of fees that were charged by ...

Atlanta Limo Company, Topper Worldwide, Encourages You to Avoid Traffic Before the Big Game

2013-04-11

Topper Worldwide, a premier Atlanta limo service, wants fans to consider renting a car service in Atlanta before the next big game. Fans' pre-game warm-up should be filled with food, drinks and merriment before they root on their favorite team. The staff at Topper Worldwide want to help make that pre-game ritual memorable. From luxury sedans to stylish party buses, Topper Worldwide has a vehicle perfect for your next game experience. Why worry about driving to the stadium, parking and paying for parking when you can have a wonderful time in the back of party bus in Atlanta? ...

Atlanta Wildlife Removal Company, Team Pest USA, Opens New Store in Norcross

2013-04-11

The Atlanta pest control firm, Team Pest USA, is proud to announce that it has recently launched a new location in Norcross. The company hopes that the new location will allow them to a broader range of customers and to attract new clients in the area. Now more than ever, Atlanta pest control services are in high demand. Spring is just around the corner, which is the prime season for many household pests. It is important to remember that bugs like mosquitos take shelter in the winter in the ground, which means they emerge very quickly when the weather starts to warm up. ...

Financial Times Ranks Managua 3rd in FDI Strategy in the Americas

2013-04-11

Nicaragua's capital Managua made the third position in the Foreign Direct Investment (FDI) Strategy category of American Cities of the Future 2013/14 ranking, published by fDi Intelligence, a division of The Financial Times. Managua was only outranked by Montreal and Toronto, meaning that as a country, Nicaragua placed 2nd only after Canada. It is also worth noting that Managua was the only city in Central America ranked in the top ten within this category. In its submission, PRONicaragua, the official investment and export promotion agency, revealed the strategies of ...

More big businesses flock to boutique law firms, and for good reason

ELSE PRESS RELEASES FROM THIS DATE:

LAST 30 PRESS RELEASES: