A Boom in Boutique Disputes Firms: Why it is the Ideal Time to Go Solo
Arbitration boutiques offer Big Law expertise and experience at more competitive rates and on a more flexible and collaborative basis, says Tomas Vail, legal counsel and arbitrator at Vail Dispute Resolution.
April 02, 2021 at 12:35 AM
4 minute read
Recent surveys show that COVID-19 has seen in-house legal departments cut spending on external lawyers. In-house teams allocate more work internally and, where external advice is needed, they successfully implement fee reductions, fixed-fee arrangements, and fee caps. More than ever, clients scrupulously examine the costs and benefits of engaging external counsel, who must, more than ever, prove their worth and added value.
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