Attorneys’ fees are in the spotlight with firms popping for first-year associate salaries of $160,000 plus. It doesn’t take a Harvard MBA to know what business gets in the gut: They pay for the increases short term, their customers pay for it long term.
What’s to be done? Don’t belabor the rise � the cost of a company’s raw materials goes up just like a firm’s. Instead, GCs should treat legal fees just like the C-level execs down the hall treat business issues that cross their desks. Here are five rules to help general counsel do just that.
