The American Lawyer | Analysis
By Dan Roe | Trudy Knockless | August 17, 2023
Lawyers at all levels ranked unreasonable client demands among their top sources of stress and anxiety in a recent survey, but clients say high fees and a lack of pushback further the unhealthy dynamic.
By Maria Dinzeo | August 17, 2023
Lawyers for ex-Twitter CLO Vijaya Gadde blasted the platform and its new owner for failing "Although Twitter would like to pretend it is a party that dutifully pays its contractual obligations as they come due, it is in fact perpetually delinquent and is gaining a well-earned reputation for shirking its commitments,"
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 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.
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 Maria Dinzeo | May 22, 2023
"Touching partner compensation is the third rail of law firm politics. You don't touch it. It can cause a lot of consequences you're not ready for," said Ken Callander, principal at Value Strategies.
By Hugo Guzman | April 25, 2023
"The data we have shows that some of the largest purchasers of legal services in the world are paying way over average," said Nathan Cemenska of Wolters Kluwer ELM Solutions.
Corporate Counsel | Expert Opinion
By David McVeigh | April 3, 2023
When GCs can't 'staff up' for more support, they 'send out.' The question is: Can they send out, get more, and still somehow pay less? (Hint: Not with Legal's current budgeting structure.)
By Maria Dinzeo | Jessie Yount | February 1, 2023
"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.
By Justin Henry | December 27, 2022
The nine-member committee of unsecured creditors includes a mix of individual investors and trading platforms in the cryptocurrency sector.
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