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Law Practice

Dec. 27, 2011

Changing legal landscape

When the economy tanked three years ago, many observers said it changed the legal landscape forever. Corporate clients looking to cut costs turned toward smaller firms, and big-firm lawyers looking to service them did the same.


By Susan McRae


Daily Journal Staff Writer


Peter Selvin joined Loeb & Loeb LLP right out of law school in 1980 and spent 24 years there as a litigation partner. He said he always assumed it's where he'd end his career.


But three years ago, the economy tanked, and with it, many observers, say the legal landscape changed forever. Corporate clients looking to cut costs but not quality began turning to small law firms that could offer f...

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