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ABOUT OUR PRACTICE:
LEVELING THE PLAYING FIELD
Lloyd Chatfield spent 17 years representing Fortune 500 corporations, insurance companies and other global enterprises, including more than a decade as general counsel for businesses ranging in size from $400 million to more than $5 billion in sales. Through this experience, Lloyd learned first-hand the powerful legal resources that big companies have at their disposal, and how those companies use quality legal support as a competitive weapon.
Big companies typically have better contracts, better dispute management capabilities, and a better understanding of the legal risks and opportunities facing every decision a business makes. They make better business decisions in part because they have lawyers embedded in their organizations, who help guide the business and avoid the pitfalls that often hamper smaller competitors, as well as capitalizing on opportunities that they might otherwise miss. Smaller companies, who are typically forced to utilize outside counsel on an ad hoc basis, are often more vulnerable to these hidden traps, and also less equipped to capitalize on opportunities that a good lawyer can help identify and bring to fruition. Big company lawyers don’t parachute in for discrete assignments that are charged by the hour; they live and breathe the business and perform a hybrid role, mixing business and legal insights to help ensure the overall health and success of the enterprise with pragmatic, cost-sensitive legal support. Put differently, in-house lawyers are accountable for outcomes, while traditional law firms often focus on output.
The basic premise of the LAW OFFICES OF LLOYD C. CHATFIELD is that individuals and small businesses deserve the same level of legal support as big companies, and that a law firm dedicated to this proposition must be innovative, technologically savvy, and, above all, cost-sensitive to deliver on this promise. While partners at many large law firms must command $500 and up to support their opulent offices, army of support staff and legions of junior attorneys, and even smaller firms who lack the same depth of experience charge $250 to $400 per hour, the LAW OFFICES OF LLOYD C. CHATFIELD II employ the same thrifty sensibility as our clients, avoiding needless overhead and focusing on results, protecting the client’s bottom line as if it were our own.