Being a client's go-to law firm used to be a pretty secure situation. But today, disloyalty is increasingly the norm, creating challenges and opportunities for savvy firms. According to a recent survey, more than 61 percent of corporate clients reported firing one of their primary law firms in the last 18 months. The survey showed that clients want firms that are more responsive and flexible, which could work to the advantage of small to midsized firms hoping to become a primary firm for a big fish client.
Midsized Firms Could Benefit in Climate of Firm Switching
The Legal Intelligencer
April 5, 2007