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New York Law Journal

'Beyond the Pale': More Than $500,000 in Attorney Fees Awarded to Google in Civil RICO Suit

A King & Spalding team argued that two Russian nationals residing in Russia worked with others to create an illicit network called a botnet, and through the botnet stole Google users' personal information.
3 minute read

Delaware Business Court Insider

FTX Attorneys' Billing Far Outpaces Hourly Rates Seen in 2008 Mega Bankruptcies

The largest segment by far is the $25.1 million billed by FTX lead counsel Sullivan & Cromwell across two filings.
4 minute read

The American Lawyer

Amid Rising Costs and Rate Hikes, Baker & Hostetler Posted Revenue Gain But Lower Profits in 2022

The Cleveland-founded Am Law 100 firm surpassed $900 million in gross revenue last year but saw net income fall 5.8%.
5 minute read

Legaltech News

LawPay Launches LawPay Pro: New 'Stepping Stone' Between Billing, Practice Management

Dru Armstrong, CEO at AffiniPay, LawPay's parent company, told Legaltech News that LawPay Pro seeks to provide attorneys with a more catered, lightweight offering that is less intimidating than a full practice management solution.
3 minute read

International Edition

Freshfields, Cleary Among Firms Owed $4M Following Collapse of Russian Bank VTB

Several prominent law firms are owed large sums of money following the administration of the U.K. arm of the Russian state-owned bank.
3 minute read

The American Lawyer

Adams and Reese Posts Positive Numbers in Busy Southeast Market

Revenue for the New Orleans-founded firm grew by 6% to $137.8 million, while profits per equity partner also rose in 2022.
4 minute read

New York Law Journal

Haggis Calls Emery Celli's Fees 'Unreasonable' in Bid to Reduce Levy in Civil Rape Case

Filmmaker Paul Haggis does not want to pay the more than $3 million in fees and costs accrued by Emery Celli Brinckerhoff Abady Ward & Maazel.
4 minute read

Corporate Counsel

No Clear Winner in Faceoff Over Outside Counsel Fees

"While cracks may be emerging here and there, it's been a very good time to be outside counsel," said Jason Winmill, managing partner of in-house consultancy Argopoint.
10 minute read

Law.com

Law.com Trendspotter: Mergers and Rate Hikes Are Poised to Create a Whole New Crop of Law Firms

It's the Circle of Law Firm Life: a period of rapid consolidation makes room for a new crop of boutique firms to spring up.
5 minute read

The American Lawyer

Law Firms Finished 2022 Strong but Bloated, Raising Stakes for Q1 2023

Historic declines in productivity mean the first quarter of 2023 will determine whether economic pains follow law firms' years of gains, said Wells Fargo Legal Specialty Group managing director Owen Burman.
3 minute read