Legal Fees

In the April, 2008 issue of California Lawyer Magazine, the steering committee chair of the Association of Corporate Counsel is quoted as stating that many companies are shifting a sizeable portion of their legal work to regional and boutique law firms (and away from the larger national and international firms). The chairperson stated that in-house attorneys for these companies reported that the regional and boutique firms demonstrated "equal or greater expertise, gave more practical legal advice, and were much more responsive to client needs--all at less cost."