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Competitive intelligence and news on billing rates, evolving rate pressures and alternative pricing.
By Dan Roe | April 12, 2022
Law firms are staffing more corporate matters with partners, a new report from Wolters Kluwer shows.
5 minute read
By Varsha Patel | April 11, 2022
'It's not what I imagined with my long-term relationships', said one of the many GCs feeling the impact of inflated junior lawyer pay.
6 minute read
By Rose Walker | April 8, 2022
The London Lawyer: Big Law = Big Fees. Clients know it, partners know it, those of us who cover the industry know it. But others remain horrified at rates.
3 minute read
By Hannah Walker | April 7, 2022
In a court battle between electronics giants LG and Samsung, a Court of Appeal judge said there was "no justification at all" for such inflated billings.
2 minute read
By Paul Hodkinson | Krishnan Nair | Rose Walker | March 29, 2022
Handling client money is proving too risky for top law firms so those working on large-scale M&A are quitting the age-old service.
8 minute read
By Phillip Bantz | March 2, 2022
"It's not a foregone conclusion—and it's not something we'd accept," Amgen Inc. legal chief Jonathan Graham said.
6 minute read
By Varsha Patel | February 21, 2022
The perspectives of partners, clients and junior lawyers are explored in this round-up of the debate over ever-increasing pay levels.
5 minute read
By Varsha Patel | February 15, 2022
Associates say partners should do more than just 'grumble' about the pay war, given they have the power to enact cultural change.
4 minute read
By Hannah Walker | January 21, 2022
Partners have questioned whether the firm's associate bonus system fits well with the modern working environment as the war for junior talent continues unabated.
3 minute read
By Jacob Polacheck | January 19, 2022
The policy has been spreading among firms in the U.S.
4 minute read
By Allison Dunn | January 19, 2024
The amendments were adopted in response to the court's decision in the Matter of Olchowski (2020), which posed the question concerning the proper disposition of unidentified client funds on deposit in an Interest on Lawyers' Trust Account.
2 minute read
By Zack Needles | January 19, 2024
The news and analysis you need to start your day.
4 minute read
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.
5 minute read
By Alexander Lugo | January 16, 2024
Newly formed Maschoff Brennan Gilmore Israelsen & Mauriel will have offices in California, New York and Utah. "We are certainly not resting on our laurels," said one leader in an interview. "We're interested in ... expanding our geographic base into markets that seem to make sense."
3 minute read
By Dan Roe | January 10, 2024
Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
3 minute read
By Ross Todd | January 9, 2024
We pick up on our conversation with J.Y. Miller and Joe Kilpatrick of Husch Blackwell about their fixed-fee approach as national coordinating counsel in mass torts cases to ask how they handle instances where there's not much of a track record, or where trial is a possibility.
9 minute read
By Ross Todd | January 8, 2024
J.Y. Miller and Joe Kilpatrick of Husch Blackwell discuss how certain moves by the firm—including moving away from billable hours-based bonuses—opened the door to more innovative pricing models.
7 minute read
By Allison Dunn | January 2, 2024
Those who wish to comment on the proposal may do so on the court's website.
2 minute read
By Jack Womack | December 20, 2023
The merger of the two firms is due to formally take effect in May 2024, with 99% of partners at both firms approving the plans in October.
2 minute read
By Justin Henry | December 11, 2023
Vernon Hill, founder of Commerce Bank in the U.S. and Metro Bank in the U.K., accused the firm of "top-heavy staffing, duplicative billing and excessive billing."
3 minute read
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
The Daily Report is honoring those attorneys and judges who have made a remarkable difference in the legal profession.
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Black Owl Recruiting is looking for a number of qualified applicants to fill positions for a highly reputable client. Recent experience work...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
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