Want to get this daily news briefing by email? Here’s the sign-up.


BIG LAW BRAIN DRAIN? -  Running a law practice no longer requires an army of support staff, industrial-strength printers or even physical office space. Because of this, as Law.com’s Frank Ready reports, it’s arguably never been easier to go solo or branch out from Big Law with a boutique. “I think that’s going to be something that we’re going to see more and more frequently—that we’ll see smaller boutique shops, like mine, that focus on an issue or [practice area] and get started. And law firms will experience significant brain drain in their associate pool and the low- to midlevel partner range,” said Tomu Johnson, who recently left Parsons Behle & Latimer to launch a privacy and data-centric firm, The Broad Axe, from the comfort of his Utah-based home. To be sure, the rise of remote work is one factor that is likely to entice some attorneys to strike out on their own. But Jarno Vanto, a partner at Crowell & Moring, argued that it could also be the impetus for some lawyers to make the leap to Big Law. “If your options are to say be in a large regional firm or going solo and bringing your clients with you, sort of the natural [alternative] there is joining a large national firm and work remotely from where you are,” he said.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]