Law firm chronicler Michael Trotter sketched the rise and decline of big law and predicted that multimillion-dollar compensation for its partners will dwindle. DuPont General Counsel Thomas Sager (above) said alternative fees outweigh hourly billing in his company, and "if a firm gives an outstanding result, it will be handsomely rewarded."
October 15, 2012 at 12:00 AM
1 minute read
Law firm chronicler Michael Trotter sketched the rise and decline of big law and predicted that multimillion-dollar compensation for its partners will dwindle.
The next speaker at a conference last week for in-house litigation counsel did not give lawyers much hope that the fat times will return.
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