Are Billing Rates Too Darn High?

It probably depends on who we're talking about.

A Supreme Court expansion proposal is officially out there. It’s not going to pass, it’s not a particularly good idea, but might proposing it be a smart tactic? Meanwhile, as we get new insights into Biglaw finances from the Am Law 100 release, we got a hefty clue into Covington & Burling’s business plan when we learned Eric Holder’s hourly rate. Is this too much to bill a client or are people overreacting? Finally, the bonus wars continue, but are counsel and income partners getting left out?

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