The November 25, 2013, edition of Massachusetts Lawyers Weekly and January 7, 2014, edition of New England In-House both feature Beck Reed Riden LLP’s work for Fortune 500 companies in articles about trends in corporate legal spending titled “Report: Firms should target global companies’ business.” The articles are by Massachusetts Lawyers Weekly reporter Brandon Gee.
In the stories, Russell Beck and Stephen Riden discuss some of the reasons why large corporations hire smaller, boutique firms like Beck Reed Riden LLP:
The trend is illustrated by seven-lawyer Boston firm Beck, Reed, Riden, which has multiple Global 500 clients. Stephen D. Riden and Russell Beck said the firm pitches its lawyers as experts in business litigation, intellectual property, and labor and employment law — and nothing else.
“Within the scope of those three areas, we can do anything,” Beck said. “Outside of those areas, we do nothing.”
“The thing that we most emphasize when talking to these companies is that we have expertise in an area they’re interested in,” Riden added. “They tell us that’s what they appreciate. They’re looking for people who are the best in the industry for a particular matter.”
Beck said that while big firms historically have been able to leverage their longstanding relationships with major companies to earn additional business, economic pressures have forced companies to realize they can achieve the same quality of service at a cheaper price from smaller firms.
“We are a beneficiary of that change in mindset,” he said.
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Beck Reed Riden LLP is Boston’s innovative litigation boutique. Our lawyers have years of experience at large law firms, working with clients ranging from Fortune 500 companies to start-ups and individuals. We focus on business litigation and labor and employment. We are experienced litigators and counselors, helping our clients as business partners to resolve issues and develop strategies that best meet our clients’ legal and business needs – before, during, and after litigation. We’re ready to roll up our sleeves and help you. Read more about us, the types of matters we handle, and what we can do for you here.