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.
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."
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.
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.
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.
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.
The American Lawyer | Analysis
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.
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.
By Dan Roe | July 7, 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.
By Alexander M. Geisler | July 7, 2023
The problem isn't that economies are cyclical, that's a fact of life. The problem here is that Big Law can sometimes have unrealistic reactions to both upturns and downturns. If this happens, it's not in the interests of their own attorneys or their clients. It's inhumane and unhealthy.
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