For many in-house counsel, the ongoing cost escalation of big law services feels frustratingly disconnected from the cost efficiency that has become a corporate standard. Not at Hilgers Graben. Our firm deploys elite teams, led by trial-tested senior attorneys, in complex cases around the country at a cost that is often at least 30% to 50% less expensive than our big law counterparts.
In my most recent post, I explained how the pandemic is shining a light on a key differentiator of our firm–geographic arbitrage. The big winners of geographic arbitrage are corporate general counsel, who get access to highly credentialed and experienced lawyers at a bottom-line-friendly price, and the talented law firm attorney who is looking for more buying power in a smaller community while enjoying the lower-stress and higher quality of life that the community has to offer.
Two weeks ago my colleague and firm-founder, Mike Hilgers, published a blog post about geographic arbitrage in the legal services industry. As that post explains, geo-arbitrage is when a business strategically locates its offices and operations in cities with more affordable real estate and lower costs of doing business. Since geo-arbitrage has a lot to do with why I now live and practice in Lincoln, Nebraska, I want to give you one associate’s perspective on the virtues and advantages of this innovative business model.