Contingency Fees Can Create Perverse Incentives
Although contingency fees provide greater access to the legal system, they can lead to a loss of efficiency.
Although contingency fees provide greater access to the legal system, they can lead to a loss of efficiency.
Contingency fee arrangements can lead to conflict between lawyers and clients.
As federal borrowing caps tighten financing options for law students, one organization is stepping in to negotiate the terms they can't secure alone.
You aren't alone in your double take at that hourly rate.
Hourly rates can't compare to his multimillion-dollar fees.
This law firm is changing with the times.
A nine-figure settlement means nice bonuses for this firm's associates and staff.
Leveraging agentic AI to triage, prioritize, and automate the law department inbox.
The firm will be getting a nine-figure payout in a contingency-fee case later this year.
Bonuses at Boies Schiller aren't quite as big this year, but the average bonus still falls just shy of $100,000.
No one likes frivolous lawsuits -- especially plaintiffs' lawyers.
How on God’s green earth do you wind up with a $350K bonus as a Biglaw associate?
Designed to reduce manual docket work by prioritizing what litigators need most: on-demand full docket summarization that explains the whole case to date, followed by on-demand document summaries for filing triage, and AI-powered natural language searching for faster search and retrieval.
Sources report significant lawyer and staff layoffs at Dickstein Shapiro. What might be driving the cuts?
How would you like to work at a firm that pays first-year associates the equivalent of $414,000 in New York City?
Should you take cases on a contingent fee basis? Some tips from small-firm columnist Tom Wallerstein...
Diversity is an important concept for law firms, especially smaller law firms and boutiques. It's true of “diversity” in a variety of contexts, some of which are not so obvious.
How should lawyers at small law firms go about setting, earning, and keeping their fees?