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corporate clients
Billing Survey Shows Rates Ticking Up as Demand Dips
March 30, 2014
Corporate clients purchased fewer hours from law firms in 2013 than they did the year before, even as they paid more for what they bought. Hours were off by 1.3 percent, while fees were up by 1.6 percent. The revenue gain was powered by a 5 percent year-over-year increase in collections during the fourth quarter of 2013. These are among the most telling results of the latest LegalView Legal Market Index, which is produced by TyMetrix, the giant electronic billing clearinghouse and data analytics...
March 30, 2014
Corporate clients purchased fewer hours from law firms in 2013 than they did the year before, even as they paid more for what they bought. Hours were off by 1.3 percent, while fees were up by 1.6 percent. The revenue gain was powered by a 5 percent year-over-year increase in collections during the fourth quarter of 2013. These are among the most telling results of the latest LegalView Legal Market Index, which is produced by TyMetrix, the giant electronic billing clearinghouse and data analytics...
ALM Legal Intelligence Tracks Alternative Fee Arrangements
May 28, 2013
A report released Thursday by ALM Legal Intelligence, ALM Media's provider of business information to the legal industry,...
May 28, 2013
A report released Thursday by ALM Legal Intelligence, ALM Media's provider of business information to the legal industry,...
ALM Legal Intelligence Tracks Alternative Fee Arrangements, More Law Tech News
May 10, 2013
A report released Thursday by ALM Legal Intelligence, ALM Media's provider of business information to the legal industry, showed more corporate clients using alternative fee arrangements in 2012 to determine how to pay outside counsel. The survey found that 19 percent of corporate legal departments used AFAs for more than half of their legal work, a 12 percent increase over 2011, and 51 percent said the volume of AFAs increased in 2012. To download the report, go to http://at.law.com/AFAReport..
May 10, 2013
A report released Thursday by ALM Legal Intelligence, ALM Media's provider of business information to the legal industry, showed more corporate clients using alternative fee arrangements in 2012 to determine how to pay outside counsel. The survey found that 19 percent of corporate legal departments used AFAs for more than half of their legal work, a 12 percent increase over 2011, and 51 percent said the volume of AFAs increased in 2012. To download the report, go to http://at.law.com/AFAReport..
