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International Edition

Lawyers Often Underprice Their Services, Pricing App Developer Says

At a time when more and more clients eschew the billable hour, preferring to negotiate flat rates for many matters, Joel Barolsky says lawyers often don't know how to accurately value their services.
5 minute read

International Edition

Judge Dubs €1M Simmons & Simmons Bill 'Excessive'

A Dutch judge said the bill was "not in proportion to" the case and that the client could only have a fraction of the one-million-euro invoice reimbursed by the state.
2 minute read

International Edition

'Justifying the Stress': As Associate Pay Tops $200K, UK and European Lawyers Are Unconvinced

Lawyers and market commentators across the U.K., Germany and France reflect on the impact of the associate pay war in their respective regions.
5 minute read

International Edition

BASF General Counsel Matt Lepore on COVID Pen Pals, Diversity Scoring and the End of the Billable Hour

Matt Lepore is the first American to serve as general counsel of the German company. His career advice for young lawyers is to take risks early in their careers. "Don't follow the money," he says.
4 minute read

International Edition

Australian Online Firm Sprintlaw Expanding to the UK

The firm, part of a growing number of virtual firms, raised $770,000 to fund its expansion.
3 minute read

International Edition

Slaughter and May Hands Out COVID-19 Bonuses

The firm is the latest to announce its reward for efforts over the past 14 months.
2 minute read

International Edition

Get Rid of the Billable Hour, Say In-House Leaders

Several law department leaders who spoke at the CLOC Global Institute event derided the billable hour and pushed for alternative fee structures.
4 minute read

International Edition

Billing Discipline Stays on Big Law's Front Burner

Discipline in recording time and collections last year helped the industry achieve revenue growth, and firms are hoping to extend that mindset into 2021.
5 minute read

International Edition

Australian Law Firms to Resume Pay Raises as Legal Jobs Market Heats Up

Hiring in Sydney is now back to pre-COVID levels and recruiters say they are already seeing an increase in lateral moves among partners.
5 minute read

International Edition

Big Law's Collections Push, Operational Efficiency Could Continue into 2021

It will be difficult to achieve revenue growth early this year, but firms that remain focused on collection efforts could be in particularly good shape this year.
5 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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