Structure of large law firms
Before I founded the Schox Patent Group, I worked for five years at two large law firms. While I enjoyed (some of) the partners and (most of) their large clients, I noticed a disturbing trend. Many of the large clients appeared to be caring more about the size, rather than the strength, of their patent portfolio. The large law firms noticed this shift and restructured accordingly. Attorneys were judged solely on the quantity of their annual billings, not on the quality of their work or the satisfaction of the clients.
So I left and founded a small patent law group with the hope that, if I revised the law firm model both internally (by abandoning the billable hour requirement and focusing on a strong mentorship) and externally (by offering a fixed fee arrangement), then everything would work out for my law firm and for my clients.
It has.
