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The Recorder

Plaintiffs Attorneys, Automaker Cut Deal to Amend California's Lemon Law

Under terms of the negotiated agreement, automakers and their allies will drop a threatened initiative to cap attorneys' contingency fees.
3 minute read

Law.com

The Double-Edged Sword of Discounting Corporate Legal Fees: Weighing Profitability Against Client Retention

This article delves into the multifaceted implications of discounting corporate legal fees, exploring both the potential benefits and the risks associated with this strategy.
13 minute read

The American Lawyer

Law Firms Look 'Stronger Than Ever,' Even Compared With Transactional Boom

Am Law 100 firms continue to see most of their growth in transactional work, while Second Hundred firms have found a "goldilocks" zone in both countercyclical and corporate work, according to a new Q2 report.
5 minute read

National Law Journal

From Big Law to Boutiques, Law Firms Are Raking in Fees From Presidential Campaigns

Covington & Burling and Dhillon Law Group are the top-paid legal counsel to the Democratic and Republican presidential campaigns, respectively, so far this year.
5 minute read

The American Lawyer

'Risk in AI': Law Firm Billing Will Need to Adapt

A new ABA ethics opinion touches on the ethics of billing for AI-supported work. The technology may force law firms to rely less on hourly billing.
6 minute read

Corporate Counsel

Beyond Billing: GCs 'Fed Up' With Broader Law Firm Transparency Issues

"There seems to be an implication that when a GC says 'transparency,' what they want is more detailed hourly notations and time logs," one general counsel said. "That is partially true. I do want that. But what I really want is more transparency on everything."
8 minute read

International Edition

Anglo American GC: 'Maybe Partners Should Make Less Money and Associates Should Make More'

In a wide-ranging interview, the mining giant's company secretary Richard Price expresses concerns about the effects of soaring associate pay and the erosion of the rule of law.
8 minute read

National Law Journal

DC Litigators Outpaced All Other Cities on Billing Rates in 2023

A quarter of respondents to a recent survey billed at least $951 hourly, the highest percentage in that category in any of the 24 cities tracked.
3 minute read

The American Lawyer

What 10 Years of Experience Costs in the Am Law 100 Today

A lawyer admitted in 2014 could cost between $1,695 and $530, depending on which firm you hire.
2 minute read

New York Law Journal

AI: Used To Enhance Video Evidence, Substantiate Hourly Rates for Fee Applications

Recent decisions addressing AI-enhanced evidence and AI-generated results demonstrate that courts want to know what is in the "black box" and, without understanding the "black box," courts are unwilling to accept AI-created results.
6 minute read

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