If the early 1990s was the era of the ‘one-stop shop’ law firm, the later part of that decade saw the rise of the law firm network. Responding to the dizzying pace of expansion set by the likes of Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters, firms that opted to steer clear of the Anglo-American advance found themselves lacking a strategy to deal with the globalisation of their clients and, consequently, their work.
The answer for many smaller firms was to join a network of law firms, some closer to the exclusive, one-stop shop model than others. With the post-Enron collapse of Andersen Legal fresh in the minds of many a managing partner, the founders and leading names of many law firm networks found themselves building their networks up on the premise of non-exclusivity: loose alliances of like-minded law firms across borders – even continents – were the order of the day.
This content has been archived.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
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]