Leonard Gail says firms like Massey & Gail are “basically becoming extinct” due to two trends: clients prioritizing specialization over trial skills, and fewer high-stakes cases going to trial because of the financial risks involved. Despite this, Massey & Gail has found a niche by “making otherwise complex ideas convincing to a court or jury.” Lenny also observes that boutique firms are increasingly being absorbed by larger ones, especially in a consolidating legal market like Chicago. Read the full article here.