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Competitive intelligence and news on billing rates, evolving rate pressures and alternative pricing.
By Dan Roe | October 3, 2023
Wachtell's "unethical" $70 million success fee justifies equitable relief—triggering a carveout in the firm's arbitration clause—X Corp.'s lawyers stated.
3 minute read
By J. Mark Santiago | September 29, 2023
This article maps out a system that would enable law firm management to implement a meaningful pay-for-performance system that drives positive associate performance and enhances the firm's culture.
6 minute read
By Andrew Maloney | Chris O'Malley | September 19, 2023
Amid rising billing rates, there's fresh optimism that innovation, not only on pricing plans but because of AI-related spending and projects, can lower costs on both sides.
5 minute read
By Jessie Yount | September 11, 2023
Wachtell counsel Morrison & Foerster on Friday filed a motion to compel arbitration of a lawsuit brought by Twitter over legal fees.
3 minute read
By Allison Dunn | September 6, 2023
"We disagree that the prenuptial agreement is invalid on its face—i.e., we disagree that the prenuptial agreement is categorically unenforceable under any and all circumstances. We also disagree that the prenuptial agreement is unenforceable under the circumstances presented in this particular case," the appeals court wrote.
6 minute read
By Dan Roe | Trudy Knockless | September 6, 2023
Highly paid lawyers know they signed up for responsiveness, but rising rates and modern connectivity are enabling some clients to expect instant responses on nights and weekends.
7 minute read
By Abigail Adcox | September 1, 2023
Firms in the capital region were aided by their focus on regulatory and enforcement work, rather than transactions, which have sagged nationwide.
4 minute read
By Alexander Lugo | August 23, 2023
Firms based in the state continue to bring in business at an impressive clip, but their expenses in the first half of 2023 grew more than double the national rate.
3 minute read
By Amanda O'Brien | August 23, 2023
Owen Burman, a senior consultant and managing director with Wells Fargo, indicated that firms based in the city are likely catching up with their peers elsewhere in the country.
4 minute read
By Dan Roe | Trudy Knockless | August 17, 2023
Lawyers at all levels ranked unreasonable client demands among their top sources of stress and anxiety in a recent survey, but clients say high fees and a lack of pushback further the unhealthy dynamic.
7 minute read
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Cullen and Dykman is seeking an associate attorney with a minimum of 5+ years in insurance coverage experience as well as risk transfer and ...
McCarter & English, LLP is actively seeking a midlevel insurance coverage associate for its Newark, NJ and/or Philadelphia, PA offices. ...
McCarter & English, LLP, a well established and growing law firm, is actively seeking a talented and driven associate having 2-5 years o...