3 Seyfarth Partners Form New Suburban Firm to Offer 'Lower Cost' Alternative
In the latest example of a snowballing trend among BigLaw attorneys, three partners at Seyfarth Shaw have left the well-known Chicago-based firm to establish a smaller suburban firm that will, they say, offer clients quality corporate legal services for less.
“We are establishing this suburban-based firm in order to significantly reduce our costs so that we can pass the savings along to our clients,” says Ted Clark of the fledgling Clark Baird Smith firm, which specializes in labor and employment law. “Our goal is to continue to provide legal representation of the highest caliber but at a lower cost to our clients in these economically challenging times.”
He and his partners, Jim Baird and and Bob Smith, announced the formation of their new Rosemont, Ill., firm in a press release (PDF) today.
