Law360 reports that amid a wave of major law firm mergers, Kindleworth is working with high-billing partners to launch specialist boutiques, with co-founder James Hacking saying “There’s never been a better time for people to consider the more specialist pathway.”
Hacking said that major firms are narrowing their focus on markets such as private equity, capital markets, and insurance while pursuing greater size and global reach. This can leave specialist practices feeling less central to the firm’s core strategy, he added.
Areas such as arbitration and litigation can also create conflicts with major clients and often sit awkwardly within corporate models or those driven by private equity. “The more mergers there are, the more people find themselves in environments that don’t feel right,” he said. “For us, that creates the opportunity to help them rethink where they belong and what comes next.”
Read full article at Law360.
