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Competitive intelligence and news on billing rates, evolving rate pressures and alternative pricing.
By Alexander Lugo | November 22, 2023
"They've done the work creating the value. Now they have to collect it, and that's what's going to drive that revenue figure up," said Owen Burman, a senior consultant at Wells Fargo.
3 minute read
By Thomas Spigolon | November 21, 2023
The state party group paid Smith Gambrell & Russell more than $252,000 this year, according to government disclosures.
5 minute read
By Adolfo Pesquera | November 21, 2023
"The documents Hemotek relies upon do not demonstrate active attempts to commercialize any particular invention that would satisfy this definition.," the AAA panel said about Hemotek's breach of contract claim.
5 minute read
By Zack Needles | November 20, 2023
The news and analysis you need to start your day.
4 minute read
By Allison Dunn | November 16, 2023
Some of the rates requested by Quinn Emanuel—$1,690 per hour for a lead partner or $1,385 per hour for associates—were unrealistic for the Richmond, Virginia, market in the present case, the court found.
5 minute read
By Andrew Maloney | November 16, 2023
Rate increases, by an average of nearly 8%, have helped the industry see an uptick in revenue between the second and third quarters.
4 minute read
By Aleeza Furman | November 15, 2023
With the allocation of funds in dispute, judges have put the payment of attorney fees on hold in at least two cases Bosworth brought over from Kline & Specter.
4 minute read
By Jessie Yount | November 13, 2023
AI isn't the first technology to disrupt the legal industry, but it's driving a faster pace of change and altering the law firm-legal department relationship, legal analysts report.
5 minute read
By Hugo Guzman | November 13, 2023
"Billable hours is all they know," consultant Ken Callander said of many in-house attorneys. "To move toward something other than that, it's really foreign to them."
5 minute read
By Adolfo Pesquera | November 10, 2023
"What complicated the case for us is normally when you're asking for attorneys fees, the jury has seen the underlying case. The fruits of that work play out in the courtroom," lead plaintiffs attorney Alan Loewinsohn said.
4 minute read
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