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SEO and Law Firm Growth

I am a real estate and business attorney. I currently have a team of SEO professionals, but I recently realized that the work they do is not worth the money I pay. I have looked at other companies, but they charge double what I pay for a basic package.
I know for a fact that I have attracted clients through SEO, and that offsets the cost, but most of my good/great clients come from referrals.
I was wondering if you think SEO is really necessary for law firm growth? The new firm I am talking to will require an investment of $65k a year, which is quite a lot for a private firm, but I want to grow and create a boutique firm.