Should Big Law Firms Only Represent Big Clients? Disgruntled Reed Smith Client Says Yes
Andrew Lavoot Bluestone writes today in his New York Attorney Malpractice Blog about a malpractice case filed against Reed Smith by its former client, the Bair Foundation, which describes itself as a Christian charitable foundation devoted to foster care for children.
Bair alleges that when it was sued in a discrimination case, Reed Smith’s fees increased from an original estimate of $50,000 to $1 million, and claims that Reed Smith's economic model (more than 1,500 lawyers in 21 offices worldwide) is incompatible with its ability to represent smaller clients on a cost-effective basis. Law.com also has an article about the lawsuit, with some background about the parties' relationship and comments by their lawyers.