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Law.com

Veteran Mass. Attorney Disbarred for Allegedly Inflating Expenses by Hundreds of Thousands of Dollars

A Massachusetts state judge described in an opinion disbarring the lawyer two counts in which she allegedly took more than $100,000 in respective clients' funds by falsely claiming reimbursement expenses.
5 minute read

The American Lawyer

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

The Legal Intelligencer

Judge Slashes Attorney Fees of Ex-Lead Counsel in Class Action, Citing Firm's 'Meritless Litigation Activity'

U.S. District Judge Michael Baylson called attempts to suppress discovery a "very serious lapse of candor, if not worse."
3 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

Daily Business Review

Holland & Knight Posts $1.4 Billion in Revenue Post-Merger

The $400 million revenue bump coincided with increases in PEP and RPL, despite the firm's combination with a less profitable firm.
6 minute read

New Jersey Law Journal

McCarter & English Pushes PEP Into 7 Figures

The Newark-based firm increased profits per equity partner (PEP) by 19.5%, to $1.13 million. There was a more incremental year-over-year gain in gross revenue—by 3.7%, to $263.47 million.
4 minute read

Daily Business Review

Nelson Mullins Posts 18% Revenue Increase as Litigation and Real Estate Rivaled M&A

The team effort also drove PPP up 29% as Nelson Mullins Riley & Scarborough held its equity tier mostly flat while continuing to add nonequity partners, shunning the "up or out" mentality.
5 minute read

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