National law firms have rushed into Chicago during the past decade, but many are finding that their collective arrival is fueling intense competition to fill those offices with lawyers -- often the same type of lawyer, with a book of business of at least $1 million. But some firms remain confident. "I'm very well aware of the competitiveness of the Chicago market, but I would suggest to you that it is no more competitive than New York," says Troutman Chairman Robert Webb Jr. "We think we're up to the task."
Big Firms in Chicago Face a Talent Squeeze
The National Law Journal
September 22, 2008