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By Jason Grant | June 16, 2023
In a victory for assigned counsel representing the poor and children, who for many years argued they were underpaid lawyers, a state appeals court has ruled New York City must pay the lawyers a court-ordered $83-per-hour rate hike retroactive to Feb. 2, 2022.
6 minute read
By Zack Needles | June 2, 2023
The news and analysis you need to start your day.
4 minute read
By Maria Dinzeo | May 22, 2023
"Touching partner compensation is the third rail of law firm politics. You don't touch it. It can cause a lot of consequences you're not ready for," said Ken Callander, principal at Value Strategies.
6 minute read
By Rhys Dipshan | May 11, 2023
The new XML format standards look to be more versatile and better account for the use of different currencies in e-billing, while the new Patent Prosecution Codes aim to be "more practical and internationally relevant."
3 minute read
By Justin Henry, Everett Catts, David Gialanella and Jessie Yount | April 24, 2023
Expenses for talent compensation is driving up hourly rates at midsize law firms in 2023, although firm leaders say they are asking timekeepers to ensure the higher rates correspond with value of the legal services provided.
5 minute read
By Justin Henry | Everett Catts | David Gialanella | Jessie Yount | April 20, 2023
Expenses for talent compensation is driving up hourly rates at midsize law firms in 2023, although firm leaders say they are asking timekeepers to ensure the higher rates correspond with value of the legal services provided.
5 minute read
By Abigail Adcox | April 7, 2023
While most of D.C.'s largest law firms grew revenue, several saw dives in profits, due to rising expenses and slower demand.
4 minute read
By Dan Roe | April 6, 2023
The Denver-headquartered firm followed up a banner year in 2021 with even more revenue and profits in 2022.
4 minute read
By Jessie Yount | April 3, 2023
Falling demand in corporate practices has meant a return to more modest transactions for Am Law Second 50 firms that seized big-ticket deals in the deal boom of 2021, and increasingly, large firms are looking to capture work where it is available—and much of it is in the middle market.
7 minute read
By Jessie Yount | March 27, 2023
Midsize firms are scooping up laterals from Big Law, drawn to smaller platforms that alleviate billing rate pressures and more.
6 minute read
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