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billable hours
10 Tips From Plaintiffs’ Lawyers for Cutting Corporate Legal Costs
September 11, 2013
Big law firms love the billable hour. For most corporate firms, the profit model is built on a multiplier of billable hours...
September 11, 2013
Big law firms love the billable hour. For most corporate firms, the profit model is built on a multiplier of billable hours...
Howrey’s Bankruptcy and Big Law Firms’ Small Future
May 10, 2013
For corporate clients, there’s a potential silver lining in Big Law’s disarray. From 2007 through 2009, firms with more than 500 lawyers saw their billable hours decline by more than 5 percent. They unloaded associates by the thousands. While the billable-hours drought has eased with the economic recovery, companies increasingly are demanding better deals on rates, says Adam Epstein, a San Francisco-based board consultant for small-cap corporations. “The law firm brands don’t matter as much...
May 10, 2013
For corporate clients, there’s a potential silver lining in Big Law’s disarray. From 2007 through 2009, firms with more than 500 lawyers saw their billable hours decline by more than 5 percent. They unloaded associates by the thousands. While the billable-hours drought has eased with the economic recovery, companies increasingly are demanding better deals on rates, says Adam Epstein, a San Francisco-based board consultant for small-cap corporations. “The law firm brands don’t matter as much...
