By David Gialanella | January 23, 2019
In its effort to build its white-collar and investigations practice, and to further bolster its ranks of former prosecutors, New Jersey firm Chiesa Shahinian & Giantomasi has hired Erik Sandstedt, formerly regulatory compliance chief of McKesson Corp. and a securities litigator before that.
By Sue Reisinger | January 4, 2019
“We can confirm that the law firm was engaged for a flat fee of $1 million, which was paid by the university on Dec. 27, 2018,” said Benjamin Johnson, director of media relations at Ohio State.
The American Lawyer | Expert Opinion
By Aaron Kotok and Michael Williams | December 24, 2018
In the first key finding of its GC Thought Leaders Experiment, AdvanceLaw assesses whether flat fees generate better or worse law firm performance on legal matters than do hourly fees.
By Neal Suggs and Judy Jennison | December 17, 2018
About a year ago, the legal department at Microsoft announced it would be shifting away from the billable hour in the vast majority of its outside counsel arrangements. In describing these intentions, Corporate Vice President and Deputy General Counsel David Howard wrote about forging “a new type of relationship” with the firms handling Microsoft's most important legal work.
The American Lawyer | Expert Opinion
By Firoz Dattu and Aaron Kotok | December 2, 2018
A sneak peek at early findings from AdvanceLaw's GC Thought Leaders Experiment and the plan to work with law firm leaders in 2018 to identify what approaches work best to providing clients value.
By Vanessa Blum | Leigh Jones | November 21, 2018
“If we're going to convince the best talent to choose and stay in Big Law … we need to change the model."
By Phillip Bantz | November 12, 2018
The 19th Annual Chief Legal Officer Survey by Altman Weil Inc. on management, staffing and spending trends in law departments finds many law departments are negotiating discounts with larger firms or moving work to smaller firms and staffing up their own law departments.
By Monica Zent | September 14, 2018
These days, there are a range of options in the marketplace for how a legal department can resource its various needs. Here are a few to consider.
By J. Mark Santiago | June 15, 2018
Raising Costs and Declining Demand are Sapping Profits
The “New Normal” of today is one in which raising operating costs, associate salary increases, and reduced realization rates coupled with AFAs and demands from corporate counsel for reduced rates are sapping firm profits and there is no relief on the horizon. Law firm leaders, seeing current conditions, should be asking if there is a better way.
By Erin Mulvaney | June 8, 2018
"The EEOC's theory was not that fruitless. Precedent may not have favored it, but the fee statute does not punish a civil rights litigant for pursuing a novel, even if ambitious, theory," Seventh Circuit Chief Justice Diane Wood wrote Friday. Jones Day's Eric Dreiband was chief counsel for CVS in the litigation.
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