Specialized Law Firms Team Up to Form One Stop Shop
From My Shingle:
With so many large firms moving towards a “one stop shopping model,” what can a small firm or solo with a more specialized focus do to compete? You could try to become a jack of all trades, but in expanding your capabilities, you may compromise quality. Or, you could take the approach of the Birmingham, AL law firms described in this Business Journal story (9/25/06) and join forces to compete without formally merging. From the article, here’s a description of the arrangement:
Goodrich Law Firm LLC, Cunningham Firm LLC and Hahn Law Firm PC announced Monday the formation of Red Mountain Law, a network that will provide expertise through the individual firms in a broader range of legal services. Areas such as wills, trusts and estates and probate will be handled primarily by the Hahn Law Firm. Commercial and residential real estate and loan closings will be assigned to attorneys at the Cunningham Firm. Work involving securities law will be overseen by the Goodrich Law Firm.
Is there a strategic alliance that you can form to expand your business opportunities?
Related Posts:
- How Technology is Making Law Firms Move Toward Flat Fees
- Why Do Young Lawyers at Law Firms Make So Much Money?
- Interviewing at Law Firms to Be a Part Time Attorney
- Law Firm 2.0: The New Business Model of the Legal Industry
Comments
One Comment on Specialized Law Firms Team Up to Form One Stop Shop
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Futaca Mosaka on
Thu, 11th Sep 2008 9:06 am
I’m personally thinking about starting organizational companies for small law firms new jersey. A friend is starting a small business loan law office firm.
A few concerns though. It’s been hard to find quality payroll software for small law firms and time and billing software for small law firm. But that’s why I’m a fan of this blog - I learn so much! 
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