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By Ross Wallin | May 4, 2018
Litigation finance can offer a middle path for law firms to recover 50-75 percent of their rack rates on an ongoing basis, while retaining upside in the form of a success fee that often pushes realizations to 125 percent or more of rack rates.
1 minute read
By Andrew Denney | April 27, 2018
New York state court system officials are pushing forward with an effort to increase the use of alternative dispute resolution in the courts, which they say is an underused method of helping to move cases more quickly through the pipeline.
1 minute read
By Roy Strom | April 24, 2018
Univar Inc. is working with Elevate and a new Elevate-affiliated law firm to find new ways of doing legal work that it claims will result in 50 percent savings for its $10.5 million legal budget. "Law Land is not special," said Univar's general counsel.
1 minute read
By Kristen Rasmussen | April 16, 2018
The issue of alternative fee arrangements was among many topics that Delta's Peter Carter and other top lawyers at Fortune 500 companies, including UPS, AIG and Union Pacific, discussed during a panel at the National Asian Pacific American Bar Association's Southeast Regional Conference in Atlanta last week.
1 minute read
By Leigh Jones | Vanessa Blum | April 13, 2018
The experience can be cumbersome and anxiety-inducing for both sides of the equation, and it can end badly. And sometimes, it works brilliantly.
1 minute read
By Alanna G. Clair and Shari L. Klevens | April 10, 2018
Many attorneys will put off the decision of whether to pursue a client for unpaid legal fees until the end of the calendar year.
1 minute read
By Caroline Spiezio | March 28, 2018
"I've never met a lawyer who hired a contractor to build their house depending on how long it takes to build it," Cisco deputy GC Steve Harmon said of changing discussions about fee arrangements.
1 minute read
By Samantha Joseph | March 19, 2018
Find out who's charging what in our annual survey of attorney billing rates.
1 minute read
By Robert Storace | March 14, 2018
A federal judge in Connecticut ruled Monday for five plaintiffs, who sued alleging an artificial inflation of prescription drug costs. The case, which was not dismissed, will now go into discovery phase.
1 minute read
By Sue Reisinger | March 13, 2018
The report said the results “reaffirm the widely held belief that today's GCs are continuing their quest to find a panacea for the provision of their global legal services–a provider that combines high quality service, a global footprint, local insight and cultural awareness."
1 minute read
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