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Competitive intelligence and news on billing rates, evolving rate pressures and alternative pricing.
By Jacob Polacheck | November 17, 2022
The law firm's Georgia practice will focus on litigation and restructuring, with billing rates topping around $550 an hour.
3 minute read
By Justin Henry | November 1, 2022
Scott Diamond's temporary suspension comes as he awaits sentencing for allegedly defrauding the firm. His federal hearing has been delayed to December.
4 minute read
By Dan Roe | October 31, 2022
Midsize firm leaders expected a rise in flat-fee requests from clients under pressure to control costs, but getting too many requests in a specific area could signal pricing pressures on firms themselves on the horizon.
4 minute read
By Jessie Yount | October 26, 2022
Prospective clients are searching for more reasonable rates, more efficient staffing, more discerning billing practices, and more creative fee arrangements.
6 minute read
By Mason Lawlor | October 24, 2022
"Many of the entries appeared exaggerated given the type of work performed or the amount of time it was documented to have actually taken," the court wrote in its order of reciprocal discipline.
4 minute read
By Anne Bagamery | October 19, 2022
The office, which opened in 1962 and was the firm's first outpost outside the U.S., today counts five lawyers, including one partner, who are all being outplaced, the firm said.
3 minute read
By Andrew Maloney | October 19, 2022
Partners in Dallas, Atlanta, Houston and Minneapolis reported the largest gains in average compensation, while Philadelphia, Los Angeles and Miami all reported noticeable declines.
4 minute read
By Zack Needles | October 17, 2022
Want to get this daily news briefing by email? Here's the sign-up. WHAT WE'RE WATCHING OVERINFLATED - Apparently, the only thing rising faster…
5 minute read
By Samuel C. Stretton | October 13, 2022
What are some things that judges should be careful of in terms of avoiding professional discipline?
10 minute read
By Dan Roe | October 12, 2022
Kirkland & Ellis is requesting up to $1,995 per hour for top-billing partners as lead debtors' counsel in the Chapter 11 bankruptcy of British movie theater chain Cineworld.
2 minute read
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