Credit: denisismagilov/Adobe Stock Is 'Snobbery' Causing Banks to Overpay Outside Counsel?
"It's pretty hard to criticize them for paying the highest rates when they're kicking butt, basically," said Nathan Cemenska, director of legal operations and industry insights at Wolters Kluwer.
February 25, 2022 at 03:04 PM
4 minute read
Lawyer Rates and Arrangements
The original version of this story was published on Corporate Counsel
Financial institutions are paying the highest hourly rates for outside counsel, while also doing a better job than many other industries when it comes to tamping down big rate hikes from their law firms.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Law Firms Mentioned
Trending Stories
- 1BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 2First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
- 3The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 4The Growing Tension—And Opportunity—in Big Law Nonequity Tiers
- 5The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
