Corporate Counsel | Expert Opinion
By Peter Eilhauer | December 15, 2022
Once the law department has reversed its data paralysis and eliminated its data debt, it can begin to work collaboratively with law firms to find mutually beneficial AFAs by sharing data, enhancing matter-level scoping, and disaggregating work.
Corporate Counsel | Expert Opinion
By David McVeigh | December 14, 2022
We're entering the 'shame on me stage,' or as I prefer to call it, the 'enough is enough' era. For years, in-house legal leaders have begrudgingly stomached increasing law firm billing rates, even as they have watched their own budgets ebb and flow according to marketplace volatility (with more ebbing than flowing).
By Greg Andrews | December 8, 2022
"I make no bones about being a demanding client, but I think it's incumbent upon me to express appreciation to the lawyers that provide that service," said Eric Greenberg, general counsel of CMG Media.
By Andrew Maloney | October 12, 2022
The new findings point to even more troubling signs for 2022 law firm profits.
By Andrew Maloney | October 5, 2022
Financial companies are giving a chunk of work to law firms outside the Am Law 200, ALSPs, the Big Four, large Asian law firms as well as European firms.
The American Lawyer | Analysis
By Dan Roe | April 12, 2022
Law firms are staffing more corporate matters with partners, a new report from Wolters Kluwer shows.
By Phillip Bantz | February 25, 2022
"It's pretty hard to criticize them for paying the highest rates when they're kicking butt, basically," said Nathan Cemenska, director of legal operations and industry insights at Wolters Kluwer.
Daily Business Review | Analysis
By Dan Roe | December 15, 2021
New data shows corporate legal departments are increasingly brand-agnostic in hiring outside counsel.
By Dan Packel | November 17, 2021
In some ways preferred provider firms have an easier in for discussion on rates, but they may have a harder sell if value is at the heart of those relationships.
By Jessica Mach | November 10, 2021
"Some law firms seem to prioritize their bottom line over the economic reality of their clients, perhaps for a host of reasons," said Fred Paulmann, a former senior attorney at Pfizer Inc. who has since founded the Counsel Management Group. "What is sustainable and what is not?"
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