Attorney Fees

Law Firm Price Wars Break Out as Some Try ‘Loss Leader’ Bids for Work

By Debra Cassens Weiss

Nov 19, 2009, 11:24 am CST

Price wars have broken out among large law firms.

Desperate to bring in new business, some firms are offering “loss leader” bids that may turn out to be unsustainable, according to managers of 15 large law firms responding to a survey summarized at the Legal Business… full story