There’s no shortage of law firms competing to catch the next big wave hello, intellectual property or to revamp billing methods in a more client-centered marketplace. But Richards, Layton & Finger, the 138-attorney law firm deeply entrenched in the Delaware legal circle, is doing something radical: staying the course.
Partner Robert Krapf, who will take over as firm president in July, said that, although his partners recognize the growth potential in intellectual property or health care, devoting significant resources to chasing after them doesn’t make sense. Richards Layton has long focused on corporate transactional and litigation work in the Delaware courts.
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