How To Deal With Clients Who Want You To Discount Your Fee
Only give discounts to clients who are willing to make concessions and do their part.
Only give discounts to clients who are willing to make concessions and do their part.
* The Republicans hold on to the House seat vacated by CIA director Mike Pompeo; state treasurer Ron Estes defeated James Thompson, a Wichita civil rights lawyer. [New York Times] * So it seems the FBI did obtain a FISA warrant to monitor the communications of a Trump adviser (foreign policy adviser Carter Page). [Washington Post] * In a time when many firms are closing offices, Adams and Reese is opening new ones, in Atlanta and Fort Lauderdale. [Law.com] * The retirement buzz around Justice Anthony M. Kennedy persists -- and stems from conversations Kennedy has had with people close to him. [Bloomberg and CNN via How Appealing] * As for Justice Ruth Bader Ginsburg, has she been enjoying Opus One yet again? [New York Daily News] * Yes, it's possible for an in-house legal department to be too cost-conscious -- just ask Wells Fargo. [Big Law Business] * A professor accused of sexual harassment by a student and a staff member just lost his case before the Sixth Circuit. [Law.com] * Speaking of things sexual... don't write "sexual favors" in the check memo line when paying your taxes. [Billings Gazette]
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If solo practitioners want to stay in business, they must be able to separate the moochers from the genuinely needy.
Some folks are so hung up on saving money that they'll listen to anyone, not knowing whether the advice is good or not.
Some people do not understand or appreciate what experienced lawyers know.
When the potential client asks this question first, before discussing anything else, you can assume a few things.
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First-year associates get $180K, but only in certain offices; pay for more-senior associates remains TBD; and the raise doesn't happen until September.
Managing partners, don't act like lemmings; don't follow Cravath if you can't afford it.
This law firm is a great place to work, but associates would appreciate a little extra cash.
If you think your firm's bonuses are bad, check out this sad scale.
Its new features transform how you can track and analyze the more than 200,000 bills, regulations, and other measures set to be introduced this year.
What approach does your firm take to bonuses for its most-senior associates and counsel?
While everyone celebrates their bonus, remember they really suck.
It's a tactic fraught with peril, as small-firm columnist Shannon Achimalbe warns.
There's no surefire way to know if a caller is a moocher -- but look out for these red flags, according to columnist Shannon Achimalbe.
Small-firm columnist Gary J. Ross reflects on what's beautiful about Biglaw.