Institutional Investors Make A Difference

This week’s edition of The National Law Journal has a feature article (via law.com – subscrip. req’d) on securities litigation and the increasing competition amongst the plaintiffs’ law firms. The article focuses on the importance to these firms of developing strong relationships with institutional investor clients who can act as lead plaintiffs.

Quote of note: “Because a firm’s success depends not only on the viability of its case but also on the breadth of the client, how institutional investors choose their lawyers to pursue securities matters has become increasingly ‘political,’ said Joseph A. Grundfest, a securities law professor at Stanford Law School.”