Hourly Billing
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Biglaw, Billable Hours, In-House Counsel, Partner Issues, Shameless Plugs
Inside Straight: The Managing Partner On Billing Time
Mark Herrmann imagines what a managing partner might say to the troops about billing time. -
Biglaw, Billable Hours, In-House Counsel, Money
Inside Straight: What Really Is Billable?
Which tasks are properly billable to the client, and which tasks are not? In-house columnist Mark Herrmann, who has been on both the law firm and in-house sides, spots some issues. - Sponsored
Generative AI In Legal Work — What’s Fact And What’s Fiction?
Zach Warren from the Thomson Reuters Institute discusses the potential and the pitfalls. -
Attorney Misconduct, Bankruptcy, Biglaw, Law Schools, Morning Docket, Murder, New York Times, Perverts, Prisons, SCOTUS, State Judges, Student Loans, Supreme Court
Morning Docket: 07.16.12
* Speaking on the condition of anonymity, one Supreme Court justice thinks that things will be back to normal at One First Street come the start of the next term, despite his colleagues’ loose lips. [National Law Journal]
* Hourly billing rates for associate are on the rise nationwide, while partner and counsel billing rates only saw modest bumps. Is Biglaw back in business, or is this just another “retention strategy”? [New York Law Journal]
* This is a really hard to believe newspaper headline: “Law firm recognizes employees have life outside of work.” Carlton Fields, what kind of gypsy voodoo magic spells are you casting? [South Florida Sun-Sentinel]
* Another day, another editorial about the “irretrievably broken” state of legal education in our country. But the ABA admins needn’t worry their oblivious little heads, because people will keep applying. [New York Times]
* And in today’s disturbing law school debtor news, Jason Bohn’s charge was upgraded to first-degree murder after a DA announced via indictment that Bohn allegedly intended to torture his victim. [New York Post]
* “Quite frankly, these are the actions of a dirty old man.” You can look, but never lick: it’s not really a good thing when a judge uses a sentence like this to describe an attorney’s alleged client relations skills. [CBS News]
* For it’s one, two, three strikes you’re out at the old ball fraud game. Lenny Dykstra pleaded guilty to bankruptcy fraud among a potpourri of other felony counts, and he’ll now face up to 20 years in prison. [CNN]
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Biglaw, Billable Hours, Lexis-Nexis, LexisNexis / Lexis-Nexis, Small Law Firms, Wall Street Journal
Size Matters: Billing Sucks, But Small-Firm Lawyers Need To Do It Better
While billing is an awful experience, small-firm attorneys need to do it better, according to columnist Valerie Katz. -
Boutique Law Firms, Legal Research, Money, Small Law Firms
From Biglaw to Boutique: A Moment of Truth
The changing market invites, if not demands, lawyers to offer concessions for clients. Happily, many of the concessions have relatively little impact on the firm’s bottom line, but can garner significant goodwill with clients. For example.... -
American Bar Association / ABA, Back to the Future, Billable Hours, General Counsel, In-House Counsel
Inside Straight: Things Will Not Return To Normal After The Recession!
Here’s a puzzle for you. What decade am I discussing in the following paragraphs? I’m doing something a little different here. The entire text of this column appears before the jump. I’ve hidden only the citations after the jump. Ponder while you read these paragraphs when the source materials supporting these words were written: The […]