
Biglaw Is Planning Even More Billing Rate Hikes For Next Year
Decreases in billing rates are NOT on the table.
Decreases in billing rates are NOT on the table.
And you should hear what they're charging for junior associates.
Stop by booth 1111 and witness this team's passion for developing lawyers to their full potential.
That's one way to keep yourself ahead of the competition.
Perception is reality when it comes to billing rates.
Partners in this specialty charge a pretty penny for their work.
Helluva rate increase you've got there.
Proper trust accounting and three-way reconciliation are essential for protecting client funds and avoiding serious compliance risks. In this guide, we break down these critical processes and show how legal-specific software can help your firm stay accurate, efficient, and audit-ready.
Discover the disparities in buying power among Biglaw associates across major US cities and how billing rates, rather than cost of living, shape the legal industry's salary landscape.
Almost a third of the Am Law 100 have stood on rates as inflation crept up.
Big bills ahead in 2023.
Yowza! Time to open up those checkbooks.
Legal professionals don’t need AI that promises magic. They need tools that make the sh*t work disappear and clear the path to creating more client value. This article explores how legal teams are rethinking AI - not as a disruption, but as a quiet force embedded in the everyday.
Billing equity is the first step to equity partnership.
Putting the big in Biglaw.
At least three Biglaw firms are charging $1,000+ for associates' time.
And the bills are only going to get bigger.
* "With respect, I dissent." Thanks to this Supreme Court opinion, asylum seekers and other immigrant aliens can now be held indefinitely without bond hearings. Justice Breyer was so pissed off that he read part of his 33-page dissent from the bench. [National Law Journal] * Was Trump compromised? In the latest phase of special counsel Robert Mueller's investigation into Russian meddling in the 2016 election, members of his legal team have been asking about Donald Trump's business activities in Russia prior to his campaign, when he was still considering running for president. [CNN] * Partner billing rates at the biggest of Biglaw firms (750 or more lawyers) continue to climb, and they're now 45 percent higher than those of slightly smaller Biglaw firms (501 to 750 lawyers). In fact, the gap between the two types of firm grew by 11 percent over 2016. We wonder what the highest hourly rate of all is. [American Lawyer] * The 2019 edition of the U.S. News law school rankings will be released on March 20, 2018. We repeat, the 2019 edition of the U.S. News law school rankings will be released on March 20, 2018. Prepare yourselves for the annual running of the deans after law schools drop in rank. [Morse Code/ U.S. News & World Report] * Karma is great: The Weinstein Company will be filing for bankruptcy following a failed deal with investors to sell the tainted film and television studio in the wake of Harvey Weinstein's sexual misconduct scandal. [DealBook / New York Times]