Law News
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May 26 2010
A new survey examines the billing practices of over 4000 law firms, 50,000 individual billers and 18.9 million invoice items, to find that firms are charging different...
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May 07 2010
Certain law firms the Lehman bankruptcy have come under harsh criticism from Washington's "Pay Czar" for overspending.
Kenneth Feinberg works for the the US...
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Mar 23 2010
You might have heard about the Former Greenberg Traurig partner Mark McCombs, who was charged with over-billing his home town (so much for loyalty), to the tune of $1...
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Mar 08 2010
Mark McCombs, a now former Greenberg Traurig partner, is charged with theft for allegedly overbilling the Village of Calumet Park more than $1 million since 2003.
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Jan 28 2010
Most US law firms plan to increase their billing rates in 2010, according to a survey by management consulting firm Altman Weil Inc.
Larger firms anticipate a...
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Aug 19 2009
Weil Gotshal & Manges is set to pass the $100m mark in total billings on the Lehman Brothers bankruptcy, reports legalweek.
Weil Gotshal's first request for $55m...
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May 25 2009
When Eli Lilly & Co. settled a whistleblower suit in January for $1.42 billion over allegations it improperly marketed an anti-psychotic drug, Duane Morris was in the...
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Apr 03 2009
UK regulatory lawyers at firms like London-based Simmons & Simmons bill as much as 1,000 pounds ($1,440) an hour for advising clients on the financial crisis and...
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Mar 23 2009
Slaughter and May has billed the UK Government more than GBP 9 million for its advice on the nationalisation of failed lender Northern Rock. A report by the National...
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Mar 19 2009
The heads of US firms Cravath, Swaine & Moore and K&L Gates both seem to agree that fee arrangements based on alternatives to the billable hour are a good step. They...
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Dec 15 2008
More than 70 percent of big US law firms surveyed rising billing rates in 2008, with rates up to $1,200 per hour. The average partner rate was at $451 an hour at all...
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Sep 25 2008
Carlos J. Spinelli-Noseda, a former Sullivan & Cromwell partner has resigned from the bar. Spinelli-Noseda, a banking and finance specialist who joined Sullivan &...
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Jul 25 2008
'Value pricing' requires managing a new way. Some attorneys claim it really is possible to make more money while charging less. The secret lies in vastly improved...
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Feb 08 2008
A Canadian lawyer is in trouble after being accused of charging a client for an impressive 30 hours' work in a single day. Mobina Jaffer, who is also a Canadian...
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Jan 26 2008
Female lawyers in smaller firms and solo practices generally bill clients at lower rates than their male counterparts. This and other billing trends are highlighted in...
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Dec 24 2007
In a case that has taken a decade to resolve, attorney Michael Romansky received a 30-day suspension Thursday from the D.C. Court of Appeals relating to overbilling...
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Dec 11 2007
Attorney billing rates shot up in 2007, with approximately three-quarters of the law firms that participated in The National Law Journal's annual survey boosting the...
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