The chairman of Manatt, Phelps & Phillips' employment group is leaving to launch his own boutique in what he called a "long-held dream." John Fox said he'll be able to slash rates for clients 20 percent, and provide a 25 percent raise to his employees, due to more efficient operations. "The big law firm model is failing," said Fox, adding: "I think we are going to be a land again of law firms with 10 to 15 lawyers, because the economic efficiencies are so great."
December 31, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The chair of Manatt, Phelps & Phillips’ employment group is leaving to launch his own boutique in downtown San Jose, Calif., in what he described as a “long-held dream.”
John Fox will take two senior associates, Jay Wang and Alexa Morgan, as his partners to launch Fox, Wang & Morgan. His wife, Donna Fox, former senior labor counsel to US Air, will also join the new firm as an associate; he is looking to hire one more.
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