5 Reasons You Might Choose a Big Law Firm Over a Niche Estate Planning Firm
Most families don’t need a giant law firm for their estate planning. In fact, for the vast majority of people, a specialized, boutique firm like ours is often the best fit. But there are situations where a big law firm might make more sense. If you’re wondering which route to take, here are five reasons you might consider choosing a larger firm over a niche estate planning practice.
1. Your Estate Exceeds $30 Million
Our firm focuses on serving families and individuals with estates under $30 million. That’s where we deliver the most value and expertise. If your estate is larger, you’ll likely need the resources and specialization that only a big law firm can provide. They’re equipped to handle ultra-high-net-worth clients with complex structures and unique needs.
2. You Have Significant Foreign Assets
If you own businesses or investments abroad, or you need coordination between U.S. and international estate planning, a large firm is usually the right choice. Cross-border estate planning is a very specialized area, and most boutique firms (ours included) don’t serve that niche. A big law firm will have attorneys with international expertise to manage those complexities.
3. You Equate Expensive With Better
Some people prefer to pay top dollar because it feels like they’re getting the best. Big law firms are typically more expensive, often charging higher rates simply because of their size and brand. By contrast, our approach is to provide excellent work at a fair, efficient price. But if paying more makes you feel more confident, then a large firm may be a better fit for you.
4. You Prefer the Billable Hour
Most boutique estate planning firms, including ours, work on a flat-fee basis. This allows clients to know upfront what their plan will cost and gives them the freedom to ask questions without watching the clock. Large firms, however, generally bill by the hour. If you like the traditional model and don’t mind tracking billable time, you may feel more comfortable with a big law firm.
5. You Value Prestige and Atmosphere
Large firms often maintain impressive downtown offices with stunning views and luxurious conference rooms. That overhead shows up in their fees. Our firm keeps costs reasonable by focusing on what matters most: delivering a strong estate plan. If a beautiful conference room experience is important to you, though, you’ll likely enjoy what a big law firm has to offer.
Final Thoughts
For most people, a boutique estate planning firm offers the right mix of expertise, efficiency, and value. But if you fall into one of the categories above—ultra-high-net-worth, international assets, or simply a preference for the prestige and billing model of a large firm—a big law practice may be the right fit.
Wherever you go, the most important thing is this: get your estate plan in place. Whether with us or a larger firm, planning ahead is the best way to protect your family and your legacy.