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Competitive intelligence and news on billing rates, evolving rate pressures and alternative pricing.
By Dan Roe | Trudy Knockless | August 17, 2023
Lawyers at all levels ranked unreasonable client demands among their top sources of stress and anxiety in a recent survey, but clients say high fees and a lack of pushback further the unhealthy dynamic.
7 minute read
By Maria Dinzeo | August 17, 2023
Lawyers for ex-Twitter CLO Vijaya Gadde blasted the platform and its new owner for failing "Although Twitter would like to pretend it is a party that dutifully pays its contractual obligations as they come due, it is in fact perpetually delinquent and is gaining a well-earned reputation for shirking its commitments,"
4 minute read
By Alexander Lugo | August 3, 2023
Five hundred attorneys is large enough to handle the most sophisticated matters, but not so big that scale impairs relationships, he contends.
7 minute read
By Maria Dinzeo | July 26, 2023
Twitter rapped its former legal chief for enlisting eight Sidley Austin professionals—five partners, two associates and a policy adviser—in connection with her one-day appearance before a House committee. "This is not a case of mere duplication of effort," its filing said. "This is a case of quadruplication of effort."
6 minute read
By Allison Dunn | July 21, 2023
According to U.S. Magistrate Judge A. David Copperthite's report and recommendation, he recommended the court award the plaintiffs $1.05 million—$437,819.54 in attorney fees and $613,053.44 in costs. Judge Julie R. Rubin followed that recommendation, according to an order in favor of Keyes filed July 11 in U.S. District Court for the District of Maryland.
5 minute read
By Matthew Kay and Geraldine Kelm, Pinsent Masons Vario | July 17, 2023
In-house legal teams are using technology to a greater extent, and are extracting greater value from it. As a result, there's been more of a demand for freelance lawyers to have greater experience and expertise in using legal technology and working in collaboration with IT professionals.
5 minute read
By Tom Parry | July 12, 2023
As charge-out rates rocket alongside inflation and interest rates, top in-house lawyers say that the need to revolutionise the billable hour model is more urgent than ever.
9 minute read
By Dan Roe | July 11, 2023
The firm gets paid 60% to 80% of investment banks working on the same deals and two to three times its billable rate on "premium-billing" litigation matters, according to a court filing.
5 minute read
Delaware Business Court Insider
By Dan Roe | July 11, 2023
The firm gets paid 60% to 80% of investment banks working on the same deals and two to three times its billable rate on "premium-billing" litigation matters, according to a court filing.
5 minute read
By Dan Roe | July 9, 2023
A complaint filed this week alleges Wachtell added a $71 million success fee to accrued hourly billables, which lame-duck in-house counsel approved against Musk's orders.
3 minute read
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A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS