Competitive intelligence and news on billing rates, evolving rate pressures and alternative pricing.
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
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
