Copyright © 2017 ALM Media Properties, LLC. All Rights Reserved.
A recent New York Times article reported on allegations that an international law firm had overbilled a client by overstaffing a bankruptcy litigation matter. As disturbing as such allegations are, the main challenge in-house counsel face is not a pernicious “overbilling” culture at law firms that represent them. Most law firm litigators are dedicated professionals who do, in fact, place their clients’ interests first. So why do litigation bills seem to operate in a world that is divorced from the budgeting realities of in-house counsel and their businesses?