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Competitive intelligence and news on billing rates, evolving rate pressures and alternative pricing.
By Emily Cousins | April 18, 2024
The statutory prejudgment interest on the allegedly unpaid invoices is around $1.6 million with an interest rate of 12%, leading to a balance of nearly $4.3 million, as of April 15, the complaint said.
2 minute read
By ALM Staff | April 16, 2024
Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.
2 minute read
By ALM Staff | April 16, 2024
Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.
2 minute read
By ALM Staff | April 16, 2024
Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.
2 minute read
By Dan Roe | April 11, 2024
Another year of strong rate increases for Big Law means continued pressure on practices that can't sustain firmwide increases—and opportunities for midsize firms with greater flexibility.
5 minute read
By Maria Dinzeo | Dan Roe | April 8, 2024
"If they figure out how to incorporate this technology into their comp model, then they'll be the winners," said Stephanie Corey, co-founder of the legal ops consulting firm UpLevel Ops, on the rise of AI and how it will disrupt the way law firms do business.
10 minute read
By The Law Journal Editorial Board | April 5, 2024
There is no reason to treat out-of-state attorneys differently than in-state attorneys if we want only the more qualified attorneys to receive referrals in specialized areas of work.
5 minute read
By Stephanie Wilkins | April 3, 2024
Winston Legal Solutions aims to address client cost concerns by providing an alternative to the outsourced legal provider marketplace that combines firm-trained attorneys, established processes, advanced technology and generative AI tools.
5 minute read
By Dan Roe | March 25, 2024
While a few firms attributed declining realization to market factors, the majority are gladly exchanging lower realization for strong rate increases.
3 minute read
By Lisa Willis | March 22, 2024
"Previous to this, all the judges thought that it was discretionary," said Peter M. Feaman, the attorney who won the appeal.
5 minute read
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The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS