Virtual law firm Scale absorbs Texas IP firm in first acquisition

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Virtual law firm Scale said Tuesday that it has brought on small Texas intellectual property firm Creedon in the first of what it hopes may be a series of acquisitions.

James Creedon and two other attorneys from his firm have joined Scale, a Silicon Valley-founded law firm where lawyers work entirely remotely.

Lawyers at Scale do not have a billable-hour requirement and can take home up to 80% of fees collected from their clients. Virtual law firms gained attention during the pandemic, when other firms were also forced to adopt remote work at least temporarily. David Reidy, managing partner of Scale, said the firm is seeing an uptick in interest by small "boutique" law firms looking to join Scale.

 

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Belgique Dernières Nouvelles, Belgique Actualités