6 Fun Facts From A Billing Survey Of In-House Counsel
What trends can we see from looking at a recent survey of legal spending by corporate clients?
What trends can we see from looking at a recent survey of legal spending by corporate clients?
Some partners are edging closer and closer to a $2,000 per hour rate. Which firms do they hail from?
With the addition of Uncover’s technology, the litigation software is delivering rapid innovation.
* While we’re celebrating recently anointed Biglaw partner classes, let’s take a minute to call out the firms that haven’t bestowed the honor upon a single woman this year. Cheers, jerks. [Am Law Daily] * The results of the NLJ’s Law Firm Billing Survey are out, and lo and behold, one of the top partners in the country is pushing $2,000 an hour for his services. Congrats, Ted! [National Law Journal (sub. req.)] * Everyone’s buzzing about the federal law clerk who’s been accused of attempted aggravated rape and solicitation of a minor under 13. Don’t let that legendary 4.0 GPA go to waste. (More on this later.) [Times-Picayune] * Congratulations to Gerchen Keller Capital, the litigation finance firm founded by former SCOTUS clerks and hedge-fund alumni, on raising $260 million for its new fund. [DealBook / New York Times] * Iowa is thinking about allowing law school grads to practice immediately instead of having to take and pass a bar exam. Paired with its recent tuition cuts, the Hawkeye State is looking better and better. [Des Moines Register] * If you’re in the unfortunate situation of still having to look for a law job once OCI has ended, then you might want to start considering applying for some of the other law jobs that don’t want you. [Mashable] * The incarceration of a blogger known for making salacious allegations against federal judges raises First Amendment concerns. [New York Times]
Anonymous Partner wonders: Is the Biglaw problem of padding bills getting worse, not better?
The clients in secondary markets are the same, but they expect a different kind of service.
Interesting tidbits from the Dallas and Boston offices of Weil Gotshal.
Legal and operational leaders are gathering May 6–7 in Fort Lauderdale to confront the questions the industry hasn't answered—with a keynote from Amanda Knox setting the tone.
When billable work is scarce, who should get priority, partners or associates?
How did law firms of various sizes fare financially in 2012?
Can you believe the emails that went around internally at DLA Piper about this client's legal bill? Check them out -- along with news of lateral partner moves.
What can Biglaw firms learn from their corporate clients about managing and developing human resources? What improvements do in-house lawyers want to see from their outside counsel?
Takeaways from a Legalweek panel on evolving malpractice risks.
What criteria do in-house counsel use to determine if a firm is delivering value to their company? Why have clients drawn such a line in the sand when it comes to paying for associate time?
The Anonymous Partner speaks with an In-House Insider about the value of junior associates, work-life balance, and other issues.
Here's some encouraging news for large law firms and the lawyers who work in them. In-house readers, however, may be less enthused.
The Anonymous Partner has a candid conversation with an In-House Insider about clients' feelings towards their law firms.
Which firms had the highest billing rates in 2012? Which had the lowest? Click here to find out!