We’ve talked in this space before about the phenomenon of spinoff firms—partners breaking off from much larger firms and forming small boutiques, often litigation boutiques. They’ve popped up everywhere, and there’s a belief among some consultants that they have a bright future, because they are able to do sophisticated, high-end work, but are not burdened by all the overhead and bureaucracy of big firms, so they tend to offer better pricing.

One of the things we’ve noted is that most of these spinoffs are being pretty active. They aren’t growing for growth’s sake, but they aren’t being shy about adding partners.

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