In the news: "While some boutique firms have suffered serious blows from the economy, many are seeing distinct advantages over larger competitors when it comes to weathering the storm, say boutique leaders and law firm observers. Boutiques generally have much lower overhead costs, little to no major debt, and more flexibility when it comes to costs and billing rates. One boutique chairman likens the difference between big firms and boutiques to the difference between driving a Lincoln Town Car and a Ferrari."
Source: Law.Com's Daily Legal Newswire. 3 December 2008. Copyright 2008. ALM Properties, Inc. All rights reserved. Subscribe <http://store.law.com/registration/register.asp?subscribeto=nw>.
