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August 03, 2015 | The American Lawyer

Kirkland Makes Two Big Hires, Plus More Lateral Moves

Kirkland & Ellis makes a pair of key additions in New York and London from Simpson Thacher & Bartlett and Freshfields Bruckhaus Deringer; Lewis Brisbois expands again; one partner joins his fourth firm within a year; and other notable hires from throughout The Am Law 200.
8 minute read
November 10, 2008 | The American Lawyer

Billing gets creative in souring economy

Large corporations like the $2 billion fast food giant Burger King are finding they can have their legal services their way. The company, which spends millions on legal fees every year, has negotiated with the firms that provide their outside counsel for a variety of alternative billing methods, including fee caps, blended rates and monthly retainers. And they are not alone.
9 minute read
November 03, 2008 | The American Lawyer

Survival tips for law firms: Discount fees, cuddle up to clients

A panel speaking on the issue of the future of law firms last week at the DRI conference in New Orleans offered this advice to firm leaders: Be willing to discount fees, step up diversity initiatives and work hard at deepening relationships with clients. Some panelists advocated a return to the days of retainer fees, as opposed to the current law firm model in which companies are billed for every hour of service and law firms are under pressure to bill.
4 minute read

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