The American Lawyer | Analysis
By Dan Roe | January 31, 2024
The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
The American Lawyer | Analysis
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.
The American Lawyer | Analysis
By Chris O'Malley | December 5, 2023
"Some clients are super loyal to their firms that they work with, sometimes blindingly so," said Joan MacLeod Heminway, a University of Tennessee law professor.
The American Lawyer | Analysis
By Jessie Yount | November 13, 2023
AI isn't the first technology to disrupt the legal industry, but it's driving a faster pace of change and altering the law firm-legal department relationship, legal analysts report.
By Hugo Guzman | November 13, 2023
"Billable hours is all they know," consultant Ken Callander said of many in-house attorneys. "To move toward something other than that, it's really foreign to them."
By Greg Andrews | October 4, 2023
The social media company, now owned by Elon Musk, had called her request "unreasonable in the extreme" and sought to slash it by 90%.
By Dan Roe | October 3, 2023
Wachtell's "unethical" $70 million success fee justifies equitable relief—triggering a carveout in the firm's arbitration clause—X Corp.'s lawyers stated.
The American Lawyer | Analysis
By Andrew Maloney | Chris O'Malley | September 19, 2023
Amid rising billing rates, there's fresh optimism that innovation, not only on pricing plans but because of AI-related spending and projects, can lower costs on both sides.
By Jessie Yount | September 11, 2023
Wachtell counsel Morrison & Foerster on Friday filed a motion to compel arbitration of a lawsuit brought by Twitter over legal fees.
The American Lawyer | Analysis
By Dan Roe | Trudy Knockless | September 6, 2023
Highly paid lawyers know they signed up for responsiveness, but rising rates and modern connectivity are enabling some clients to expect instant responses on nights and weekends.
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