The Unorthodox Behemoth of Law Firms
WHEN the managing partners of most of the nation's top law firms gathered recently, the conversation turned to overseas expansion and the hot competition for multinational clients. "Someone said, 'You know, Baker & McKenzie did it right,' " recalled the lawyers' host, Steven Brill, editor of The American Lawyer. "And no one disagreed." For many at the meeting, it was a case of bowing to the weight of the evidence, even if it was against their instincts. Skeptics have long derided Baker & McKenzie's unusual strategy of knitting lawyers in many countries into a confederation of offices, each of which keeps most of what it earns rather than sending it on to headquarters. Likening Baker to a legendary fast-food franchisor, some call the firm McLaw or McFirm.