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The annual Georgetown Law School conference on large law firms opened Sunday night with the general counsel of Ernst & Young Global saying that the times — and the flow of international capital — demanded a new model for law firm-client relations, a prediction by the senior vice president of the Association of Corporate Counsel that clients would be patient for only another 18 months with their outside firms and a vigorous defense by the outgoing head of Kirkland & Ellis who said essentially that anyone who thought law firms didn’t understand that a new reality was upon them was not paying attention to the market.

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