When the newly formed firm Selendy & Gay officially launched in New York last month, its founders—star litigators from Quinn Emanuel Urquhart & Sullivan—said they wanted to break from the traditional law firm model by changing a myriad of conventions. They said they would alter fee structures, change the way in which young lawyers are trained, and hire industry experts who would offer insights into their clients’ businesses.

“It’s a rare thing for 10 partners of this stature to come together, and we feel there’s a space for this,” one of those founders, Philippe Selendy, said in February as the firm was getting underway.

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