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Competitive intelligence and news on billing rates, evolving rate pressures and alternative pricing.
By Alex Anteau | Thomas Spigolon | October 9, 2023
Burke and Moore contend they are just two of "a continuing exodus of partners and other attorneys" leaving Drew Eckl & Farnham because of inequitable compensation, according to court papers.
6 minute read
By Jennifer Sherman | October 5, 2023
Clear billing guidelines are essential for effectively managing client relationships and preventing costly and time-consuming billing disputes. Let's explore the key elements that should be included in law firm guidelines, tips for presenting them to clients and how practice management software can simplify creating, implementing and managing billing rules.
6 minute read
By Greg Andrews | October 4, 2023
The social media company, now owned by Elon Musk, had called her request "unreasonable in the extreme" and sought to slash it by 90%.
4 minute read
By Dan Roe | October 3, 2023
Wachtell's "unethical" $70 million success fee justifies equitable relief—triggering a carveout in the firm's arbitration clause—X Corp.'s lawyers stated.
3 minute read
By J. Mark Santiago | September 29, 2023
This article maps out a system that would enable law firm management to implement a meaningful pay-for-performance system that drives positive associate performance and enhances the firm's culture.
6 minute read
By Andrew Maloney | Chris O'Malley | September 19, 2023
Amid rising billing rates, there's fresh optimism that innovation, not only on pricing plans but because of AI-related spending and projects, can lower costs on both sides.
5 minute read
By Jessie Yount | September 11, 2023
Wachtell counsel Morrison & Foerster on Friday filed a motion to compel arbitration of a lawsuit brought by Twitter over legal fees.
3 minute read
By Allison Dunn | September 6, 2023
"We disagree that the prenuptial agreement is invalid on its face—i.e., we disagree that the prenuptial agreement is categorically unenforceable under any and all circumstances. We also disagree that the prenuptial agreement is unenforceable under the circumstances presented in this particular case," the appeals court wrote.
6 minute read
By Dan Roe | Trudy Knockless | September 6, 2023
Highly paid lawyers know they signed up for responsiveness, but rising rates and modern connectivity are enabling some clients to expect instant responses on nights and weekends.
7 minute read
By Abigail Adcox | September 1, 2023
Firms in the capital region were aided by their focus on regulatory and enforcement work, rather than transactions, which have sagged nationwide.
4 minute read
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS