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Law Practice

Feb. 10, 2010

Defections From Large to Small Firms Expected To Continue

As client discontent with billing rates reached new heights in the economic downturn, some big-firm lawyers responded in recent months by jumping ship to start up their own practices or to join smaller shops.

By Rebecca U. Cho

Daily Journal Staff Writer

As client discontent with billing rates reached new heights during the economic downturn, some big-firm lawyers responded in recent months by jumping ship to start their own practices or to join smaller shops.

Although the lure of more autonomy in their work lives and flexibility in rates have driven big-firm lawyers to small firms in the past, the downturn has created opportunities...

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