By Mimi Lamarre | July 30, 2024
A new ABA ethics opinion touches on the ethics of billing for AI-supported work. The technology may force law firms to rely less on hourly billing.
By Trudy Knockless | July 29, 2024
"There seems to be an implication that when a GC says 'transparency,' what they want is more detailed hourly notations and time logs," one general counsel said. "That is partially true. I do want that. But what I really want is more transparency on everything."
By Tom Parry | July 23, 2024
In a wide-ranging interview, the mining giant's company secretary Richard Price expresses concerns about the effects of soaring associate pay and the erosion of the rule of law.
By Andrew Maloney | June 26, 2024
About 86% of large firms in the U.S. and U.K. expect to increase billing rates over the next 12 months, according to new survey results.
The American Lawyer | Analysis
By Justin Henry | April 23, 2024
Risk-averse corporate legal departments view the potential hazards of switching from a trusted outside counsel as too great, according to Kris Satkunas, director of strategic consulting at CounselLink.
By Maria Dinzeo | Dan Roe | April 8, 2024
"If they figure out how to incorporate this technology into their comp model, then they'll be the winners," said Stephanie Corey, co-founder of the legal ops consulting firm UpLevel Ops, on the rise of AI and how it will disrupt the way law firms do business.
Corporate Counsel | Analysis|News
By Maria Dinzeo | February 28, 2024
"Having worked on both sides of the relationship between in-house counsel and outside law firms, I see the necessary need for a service like LegalBillReview.com to help companies mitigate their legal spend," said Brian Arbetter, LegalBillReview.com's general counsel.
By Maria Dinzeo | February 14, 2024
"The people who regulate the profession are the profession. They are judges and members of the bar. So what incentive do they have to give away that control to the machine?" said Foster Sayers, vice president of legal ops at health tech company symplr.
The American Lawyer | Analysis
By Dan Roe | January 31, 2024
The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
The American Lawyer | Analysis
By Andrew Maloney | January 17, 2024
The majority of law firms believe write-offs will increase over the next year, even after many firms made these billing adjustments in 2023, according to new results of a survey of firm leaders.
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