By Lizzy McLellan | October 24, 2018
A new survey suggests law firms are changing their approach to recovering back-office expenses—and pushback from clients may be steadying.
The Legal Intelligencer | Analysis
By Lizzy McLellan | October 19, 2018
Retainer fees and due diligence can help, but fee disputes, like litigation in general, are unpredictable.
By Scott Flaherty | October 18, 2018
The U.S. Court of Appeals for the District of Columbia found that a lower court made the right call when it awarded California-based lawyer Mark Brown $2.88 million in fees plus interest, after he spent nearly six years on a long-running class action.
By Christine Simmons | September 10, 2018
As it continues to duel with Carl Icahn-controlled CVR Energy, Wachtell argues its own initial engagement letter with former client CVR was "a mere agreement to agree" and thus not enforceable.
By Christine Simmons | September 5, 2018
"Wachtell is perversely incentivized to negotiate engagement letters that benefit the investment bankers, not its client," Carl Icahn-controlled CVR Energy claims in a proposed new malpractice complaint.
By Scott Flaherty | August 29, 2018
A news report said the United States is investigating the source of payments for legal work completed by Big Law firms Kasowitz Benson Torres and King & Spalding, as well as Chris Christie, on behalf of a Malaysian businessman accused of a major role in embezzling some $4.5 billion from sovereign wealth fund 1MDB.
By Scott Flaherty | August 2, 2018
The Arkansas legislative probe follows a former federal judge's findings of “questionable” billing practices carried out by Labaton Sucharow and other plaintiffs firms involved in securities litigation against State Street.
By Scott Flaherty | July 5, 2018
As Irving Picard approaches 10 years on the job as trustee of funds recovered for Bernie Madoff's victims, he and his firm are getting closer to securing $1 billion in fees from the work.
By Scott Flaherty | June 29, 2018
After a special master tapped to review overbilling in a $75 million legal fee award in a securities class action settlement faulted Labaton Sucharow and its co-counsel, the firm fired off criticisms of its own.
By Meghan Tribe | June 26, 2018
Desmarais, an IP litigation firm founded by ex-Kirkland partner John Desmarais, said first-year lawyers will now make $210,000, with $20,000 raises for each associate class.
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