What is a boutique law firm?
For decades, large law firms have been seen as the be-all and end-all of the legal profession, providing small, large and even individual clients with some of the best quality representation. As small firms grow, however – and as new areas of the law open up to fit the needs of growing industries – clients are turning to boutique firms to provide specialization. But what is a boutique law firm and why are they so popular? Well, these law firms are all about operating within specific areas of the law. Boutique legal firms are typically professional corporations or limited liability partnerships that look at just one area of the law, providing clients with expert and focused legal services. Typically, they are much smaller than most non-specialized companies, but it is possible to be a boutique firm with hundreds of attorneys working within the organization.
Why are they so widely used?
People are choosing to work with boutique firms simply because they know that their attorney is a specialist in an area of law that concerns them. Every single person who hires an attorney is concerned about getting the best result, and if a legal professional is a specialist in one area, it’s far more assuring for the client. Furthermore, as technology companies become far more varied and specialized, whole new areas of the law are opening up. From the Internet of Things, social media and self-driving vehicle algorithms, more and more companies are requiring specialist legal services to ensure that they are always acting within the law. Smaller, specialized legal firms can also offer a more personal service. This is an element of the industry that is often understated, and one of the biggest things that a small boutique law firm can rely on to gain custom and get the upper hand over the larger companies. Boutique firms are able to build up a personal relationship with their clients and get to know their background better. In many cases, this can help an attorney to create a more convincing legal case for court, or simply provide a custom service.