The move was a success as his firm became more in demand.
In 1997, the firm became involved in early litigation on behalf of health and welfare trust funds against tobacco companies.
The firm was successful and became more so after Charles died.
Several smaller firms already have become insolvent, and it is widely thought that others will follow.
Over the last decade, some firms have become more aggressive at this.
The idea is to keep closer tabs on how concentrated the firm is becoming in any set of industries.
Incorporating this into organizational structures allows firms to become better at the mystery stage of the knowledge funnel.
Investment banks would later enter the space, however long after independent firms had become well established.
By his account, the firm is becoming the Citibank of legal services.
We have recognized that firms are becoming smaller, as a result of breaking up larger companies and from outsourcing.