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Legal Economics
Why Small Firms Are Winning Clients That BigLaw Used to Own

For decades, the logic was simple: if your company had a serious legal problem, you hired a serious firm. That meant Cravath. It meant Skadden. It meant billing rates north of $1,500 an hour and associates billing for work partners would handle tomorrow. The prestige...

May 04, 2026 · 7 min
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