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International Edition

As Billing Rates and Client Pressure Collide, a Turning Point Looms

The tension could alienate clients, cut into law firms' profits and force talent out the door.
6 minute read

International Edition

Upticks in Partner Billing, Associate Rates Prompt Shift to ALSPs

Law firms are staffing more corporate matters with partners, a new report from Wolters Kluwer shows.
5 minute read

International Edition

UK GCs Slam 'Unfair, Astronomical' Fee Rises As Some Bills More than Double

'It's not what I imagined with my long-term relationships', said one of the many GCs feeling the impact of inflated junior lawyer pay.
6 minute read

International Edition

Big Law's Big Fees, Russia Links and Ex-Partner's Crimes Keep Firms in Spotlight

The London Lawyer: Big Law = Big Fees. Clients know it, partners know it, those of us who cover the industry know it. But others remain horrified at rates.
3 minute read

International Edition

Cleary's High Fees Condemned By Senior UK Judge

In a court battle between electronics giants LG and Samsung, a Court of Appeal judge said there was "no justification at all" for such inflated billings.
2 minute read

International Edition

Handling Client Money is Dying Out at Law Firms

Handling client money is proving too risky for top law firms so those working on large-scale M&A are quitting the age-old service.
8 minute read

International Edition

GCs Aren't All Bark When It Comes to Complaints About Big Law's Salary War

"It's not a foregone conclusion—and it's not something we'd accept," Amgen Inc. legal chief Jonathan Graham said.
6 minute read

International Edition

The Three Views That Matter on The Pay War

The perspectives of partners, clients and junior lawyers are explored in this round-up of the debate over ever-increasing pay levels.
5 minute read

International Edition

'They're Passing the Blame': Associates Hit Back at Partner Complaints About Salaries

Associates say partners should do more than just 'grumble' about the pay war, given they have the power to enact cultural change.
4 minute read

International Edition

Hogan Lovells Eyes Junior Pay Changes After Partners Raised Bonus Concerns

Partners have questioned whether the firm's associate bonus system fits well with the modern working environment as the war for junior talent continues unabated.
3 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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