Citing a "drastic change" in the role of big law firms, Mr. King commented on the growing trend "away from advisory work to transactional work."

In 2009, Ropes & Gray lawyers devoted 90,000 hours to pro bono clients, ranging from transactional work for nonprofits to cases for individuals referred by not-for-profit legal service providers.

More than 25 clinics focus on a broad range of practice areas, including civil and criminal litigation, advice and counseling, and transactional work.

The sheer size of firms sometimes makes it impossible for anyone to know what's going on throughout the firm, especially in highly confidential transactional work.

His legal practice focuses primarily on transactional work: residential, commercial and public finance.

It also deals with transactional and contractual work, putting deals together, and handling and drafting of contracts as well as continuing representation once underway.

More attention also is being focused on significant areas that include motion practice, transactional work and professionalism.

The firm has extensive experience in M&A, transactional work, counseling and negotiating on behalf of foreign and local clients, providing legal assistance in sales and acquisition of businesses and assets.

So it's absolutely the case that a high-bandwidth, high-latency experience for that kind of transactional work will feel very slow.

Reggie's transactional work began as a corporate lawyer with Simpson Thacher & Bartlett LLP in New York and Uría Menéndez Abogados in Madrid, Spain.