Tuesday, September 7, 2010

Some Really Good News for Smaller and Mid-sized Law Firms

Inside Counsel, a glossy magazine that provides "business insights for law department leaders," recently published an article entitled "What's Really Going On In Today's Legal Departments." It highlights results of the magazine's 2010 survey of in-house counsel, and I'm pleased to report that it contains good news for smaller and mid-size law firms.

According to the survey of some 550 in-house lawyers, 65% say they have given more work to smaller firms in 2010 than 2009. The reason, in most cases, is price as over 90% say they are feeling pressure to reduce legal fees.

But there is even better news. Many in-house counsel want to stick with smaller firms, even after economy improves. Why? Quality and service.

Finally, a legitimate survey suggesting that smaller law firms provide better quality, better service and better value than than big law firms.

Click here for the article.

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