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22 September 2023 / Sinead O’Callaghan
Issue: 8041 / Categories: Features , Profession
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Boutiques in bloom

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With the rise in smaller specialist law firms showing no signs of slowing down, Sinead O’Callaghan explains how the boutique firm can stand out in a crowded field
  • The continued success of boutique law firms shows that this model remains attractive for both lawyers and clients.
  • Boutique firms are top of the acquisition wish list for larger firms wishing to invest in specific practice areas.
  • The key to the survival of the boutique law firm is planning and diversifying to accommodate the ever-evolving disputes market.

While the 2008 financial crash and the consequent surge of conflicts work arguably instigated the emergence of the new wave of litigation boutiques, the changes in working practices brought about by the pandemic, among other things, have meant that the growth in numbers of specialist legal boutiques shows no signs of abating.

Increased competition

The legal landscape has undergone a significant transformation over the last decade, with many smaller, more specialised firms taking work away from established full-service domestic and international law firms. With the ongoing

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NEWS
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NLJ this week: No such thing as a ‘Welsh seat’
Talk of a reserved ‘Welsh seat’ on the Supreme Court is misplaced. In NLJ this week, Professor Graham Zellick KC explains that the Constitutional Reform Act treats ‘England and Wales’ as one jurisdiction, with no statutory Welsh slot
NLJ this week: Jury reform risks justice for efficiency’s sake
The government’s plan to curb jury trials has sparked ‘jury furore’. Writing in NLJ this week, David Locke, partner at Hill Dickinson, says the rationale is ‘grossly inadequate’
NLJ this week: Crypto fightback offers ‘new frontier for law’
A year after the $1.5bn Bybit heist, crypto fraud is booming—but so is recovery. Writing in NLJ this week, Neil Holloway, founder and CEO of M2 Recovery, warns that scams hit at least $14bn in 2025, fuelled by ‘pig butchering’ cons and AI deepfakes
NLJ this week: Time to revive the duty to report crime?
After Woodcock confirmed no general duty to warn, debate turns to the criminal law. Writing in NLJ this week, Charles Davey of The Barrister Group urges revival of misprision or a modern equivalent
NLJ this week: When are experts truly ‘necessary’?
Family courts are tightening control of expert evidence. Writing in NLJ this week, Dr Chris Pamplin says there is ‘no automatic right’ to call experts; attendance must be ‘necessary in the interests of justice’ under FPR Pt 25
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