The Boutique Lawyer Show: The rise (and success) of specialised boutique firms

In recent years, there’s been a “huge” rise in the number of boutique practices in NSW alone, and such firms, more broadly, are becoming more and more specialised. These trends, together with increased demand from clients for competitive rates, have created a “perfect storm” in which small firms can flourish against the big end of town.

In this episode of The Boutique Lawyer Show, host Jerome Doraisamy welcomes back Redenbach Legal principal Keith Redenbach to discuss the increase in specialisation and movement away from generalisation in smaller firms, the modernisation of law as a profession, economic jitters and how these impact upon small-firm owners.

Redenbach also discusses the “perfect storm” creating opportunities for specialised, smaller law firms that can offer competitive rates relative to the big end of town, the challenges inherent with staying ahead of the curve, the questions firm owners need to ask themselves in the new financial year, playing offence and defence, understanding why specialisation is so critical moving forward, and why he is so excited about such market disruption.

If you like this episode, show your support by  rating us or leaving a review on Apple Podcasts (The Lawyers Weekly Show) and by following Lawyers Weekly on social media: Facebook, Twitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@lawyersweekly.com.au for more insights!