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Pro Mid Market

Looking to Innovate? Lower Fees Are Just Part of the Story

"I'm a big believer in consistent and predictable pricing featuring premium fees that drives the total cost of the matter discussion," said Patrick Fuller, vice president of ALM Intelligence. "Too often, I've seen lawyers in mid-market firms sell on lower fees or lower fees as a business development tool instead of the value they will efficiently and effectively deliver to the client."
4 minute read

The American Lawyer

Where Are Banks Sending Legal Work? Look Outside the Am Law 200

Financial companies are giving a chunk of work to law firms outside the Am Law 200, ALSPs, the Big Four, large Asian law firms as well as European firms.
5 minute read

International Edition

Linklaters Latest to Credit Diversity Work in Billable Hours Globally

The DEI contributions will also be taken into account when it comes to assessing overall performance bonuses.
2 minute read

The American Lawyer

Meme Stocks for Lawsuits? Ryval's Bet on Democratizing Litigation Finance Faces Long Odds

A fault line has emerged between company co-founders Kyle Roche and Emin Gün Sirer. And experts question the incentives created by a "stock market" that sells tradable shares in lawsuits.
12 minute read

Pro Mid Market

Mid-Market Trendspotter: Wanted: 'Victim Of Own Success' Seeks Merger

For many midsize firms we've reported on this year, leaders have told us that the reward for developing a sophisticated practice and loyal client base is constantly having to fend off competition from larger national firms.
5 minute read

New Jersey Law Journal

For Law Firms Seeking Work From the State of New Jersey, the Process Is Changing. Here's How

On Sept. 14, Platkin and Division of Law Director Michael Long will host a Zoom meeting to review the outside counsel initiatives. As of Nov. 1, new guidelines will go into effect.
4 minute read

New York Law Journal

Reporting Checks Drawn on Escrow Accounts With Insufficient Funds

This article provides a discussion of the legal and ethical considerations behind maintaining escrow accounts, including common misunderstanding surrounding the funds.
8 minute read

National Law Journal

SEC Whistleblower Program Pays Millions to Former Agency Lawyers, Study Finds

A new study finds that former SEC attorneys are at a distinct advantage in securing payouts for their clients through the agency's whistleblower program.
4 minute read

The Legal Intelligencer

Ex-Partner, Associate Plead Guilty to Defrauding Sacks Weston; Sentencing Set for November

Scott Diamond's attorney said his client sought to make himself whole for partnership income that he believed he'd been owed by the firm.
4 minute read

Daily Report Online

Billing Rates at Atlanta Law Firms Are Surging

Among six Atlanta law firms surveyed, rate increases were up an average of 12%, the highest among all markets studied by Wells Fargo.
4 minute read

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