Houston: King of Litigation Boutiques

The Texas Lawbook has anointed Houston the “king of litigation boutiques.”  In its July 7 article, the Texas Lawbook attributes the rise in Houston’s litigation boutiques to Houston’s entrepreneurial roots, comparing lawyers who leave big firms to strike out on their own to oil wildcatters.  Describing Morgan Copeland and Bob Schick’s recent big firm departure as the “highest profile move this year,” The Texas Lawbook quotes Morgan Copeland as saying “We love V&E, but the time is right for us to strike out on our own and build our own practices,” says Copeland. “The structure of large law firms presents significant hurdles that make it difficult to attract new clients.”

Litigation boutiques: a trend that is here to stay

Texas, and Houston in particular, has seen a rapid rise in litigation boutiques, such as Schick & Copeland, over the past decade.  Some estimate that the number of attorneys working in litigation boutiques has tripled over the past ten years.

Why? Litigation boutiques offer lower billable rates, fewer conflicts, and more often than not, big firm talent.  On the subject of conflicts, Bob Schick, recently quoted in a Houston Chronicle, said that one of the biggest obstacles for large law firms, especially those that have strong transactional and M&A practices, is that they employ hundreds or even thousands of lawyers in dozens of offices around the globe, and each lawyer represents dozens of clients.

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