However because of its association with BigBusiness, BigLaw in itself still remains a marketable topic. The traditional legal and business media will continue to hunt around for angles.
Today THE NEW YORK TIMES devoted several pages to how the major players and an upstart like Axion are managing to do well, despite all. One bit of coverage, which you can read here, is by Andrew Ross Sorkin.
In essence, what the articles essentially say is that the legal sector seems to be splitting into two. There are the established brands like Cravath which are the go-to firms for complex problems. Then there are the low-priced providers which do routine tasks and are manned by the kind of competent lawyers not driven to be on a partner track. One example provided is Axion.
Throughout the articles the ghost of Dewey & LeBoeuf hovers. There are stern warnings about growing too quickly, luring talent with guaranteed high-compensation contracts, and focusing primarily on money.