Financial Times FT.com

Wal-Mart lays down the law

By Jonathan Birchall

Published: February 21 2007 02:00 | Last updated: February 21 2007 02:00

From toys to groceries and financial services to pharmaceuticals, Wal-Mart has a record of using its scale to change the way that Americans do business, with a relentless focus on lower prices.

So when the Arkansas-based retailer turned its attention to the legal establishment, the country's leading law firms took notice. When it wrote to its top 100 law firms in June 2005, the letter wasn't about billing.

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