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.
Most law firms, big and small, that have adopted AI are making the same mistake: they bought a tool for their lawyers and called it a strategy.
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.
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.
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?
Takeaways from a Legalweek panel on evolving malpractice risks.
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?