Why some IP boutiques will survive

Venable’s merger with IP boutique Fitzpatrick Cella Harper & Scinto this year is the latest high-profile boutique acquisition by a general practice law firm in the US. Managing IP has published an article that discusses the nature of boutiques and how they can survive in the current market.

The article includes comments from James Monroe, partner and chair at Finnegan; Maria Zacharakis, partner at McCarter & English; and Scott Bornstein, partner at Greenberg Traurig. Other ranked firms mentioned in the article are Fish & Richardson and Sterne Kessler Goldstein & Fox.

"There'll always be some clients that prefer to deal with smaller [boutique] law firms," says Bornstein. "Clients hire lawyers, not firms. If boutiques can continue to grow and keep talent, they’re always going to have work."

Read the article here