Two big firm veterans, Randall W. Johnson and Bruce D. Wanamaker, have started their own corporate boutique, Johnson Wanamaker.

Johnson said the two think there’s a niche for small firms handling sophisticated legal work with lower overhead than at a big firm. “We wanted to replicate the old-fashioned style of law firms where partners aspire to be thought of as the most well respected in the community and want to retire from that law firm,” he said.