There'll still be mergers and acquisitions, of course, and there's always be a need for financing — but it's more than possible that a golden age of securitization has just passed, and that it may take entire law firm departments with it. (law21.ca)
Atlanta insurers like State Farm, Allstate, Liberty Mutual, Geico, Nationwide, Zurich, Travelers and other companies even own entire law firms that litigate their cases, which is one reason why these companies are not hurt by litigation costs. (atlanta-injury-attorney-blog.com)
It is rather unusual (possibly unheard of, and possibly unacceptable) for an entire law firm to be of counsel to another law firm, and probably represents a kind of end - run around regulations against fee splitting arrangements. (citycouncilwatch.net)