A group of so-called “virtual” law firms say they are seeing a surge in interest from Big Law lawyers who are fed up with a financial agreement shifting under their feet as firms weather a crisis.
Possible Risk: There is risk involved in joining a virtual firm. Under these firms’ compensation formulas, if your work dries up entirely, you won’t get paid. But that may still be a better deal for some Big Law attorneys than seeing their profit draws slashed as firms demand solidarity in a tough economy.
Recruiting Pitch: Chris Wilson, who heads a “remote” law practice for ...
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