This represents a potential coup for mid-level firms, as they can jump in and recruit come top talent away from the AmLaw 100.
For an attorney whose practice is centered in a certain geographic location, this seems like a great idea. Without the need for the extensive infrastructure that national and international firms rely upon, attorneys with a strong regional practice can set out on their own or join a local firm. This could cut out administrative and infrastructure costs that go along with a large, geographically-diverse firm, while preserving the attorney's core practice.
Think Local, Practice Local: The New Model? (AmLaw Daily)