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Uncertain economy may hurt associates' compensation
By most accounts, associates at Pennsylvania's small and midsize firms enjoyed salaries and bonuses in 2007 that were consistent with or higher than those of the year before. But now some associates may feel the effects of a downturn depending on their firms' philosophies toward compensation. Manny Pokotilow, managing partner of Caesar Rivise, says he's no more or less nervous about the financial climate in 2008 than he is at the beginning of any other year. "Every year looks uncertain," he says.A Crowded Field Eyes District Attorney's Race in 2009
A popular rumor during the winter for Philadelphia politicos was the conjecture that Philadelphia District Attorney Lynne Abraham would step down early in order to run in the state attorney general's race.Debt Collecting Lawyers Ordered to Pay Attorney Fees
A pair of New Jersey lawyers who specialize in debt collection work have been ordered by a federal judge to pay their own debt of more than $160,000 in attorney fees to the Philadelphia law firm that defended them in 30 lawsuits under the Fair Debt Collection Practices Act.Rate Pressure: Midsized Pa. Firms Can Benefit, Experts Say
What is the difference in the quality of work a client gets for $300 an hour versus $500 an hour?Billing and Wooing: Firms Offer Payment Options
Economic pressures on businesses have led to greater scrutiny of legal bills as well as requests for alternatives to the billable hour. Firms of every size are being asked for flexible billing options, but midsize and small firms may be in a better position to accommodate them. While alternative billing is nothing new -- one consultant pointed to the Dupont Legal Model introduced in 1992, which focuses on strategic partnerships, early case assessment and alternative billing -- it's becoming more prevalent.Wolf Block, Reed Smith Add Laterals
For John A. Nixon and Michael E. Bleier, Halloween marked more than a day for tricks or treats.First-Year Associate Pool Moves Toward Shallow End
Philadelphia law firms continue to hire first-year associates at a slower pace, showing a significantly smaller percentage increase in 2008 than they did in 2007.Trending Stories
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