Law firm news by topic » Billing

Fulbright & Jaworski encourages timely billing

Jul 20, 2014 Fulbright & Jaworski, a member firm of the Norton Rose Fulbright verein, has introduced a new time entry policy to encourage associates to bill time on time. The effort aims to “minimize unnecessary loss of billable…

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Billing report shows rates are up, hours are down

Mar 27, 2014 Corporate clients bought fewer hours from law firms in 2013, though they paid more for what they bought, according to the latest LegalView Legal Market Index, which is produced by data firm TyMetrix. The number of legal…

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Law firms rush to collect on unpaid bills

Dec 24, 2013 Law firms have been scrambling to collect payment before the end of the year - a sensitive task if it is to be carried out effectively while maintaining goodwill with clients. Most US law firms link partner…

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Large law firms get less work, but charge more

Sep 12, 2013 A new report on corporate spending has found that major corporations gave law firms nearly 12 per cent less work in the first half of 2013 compared to the same period from the year before, but when they did call on…

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ABA recommends changes to eliminate pay gap

Aug 22, 2013 Male law firm partners are still earning considerably more than their female colleagues. despite the fact that women have been 40-50% of law school students for decades. The Gender Equity Task Force of the American…

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Billing rates up for US partners and associates

Jul 17, 2013 The billing rates for US partners increased by 3.1 percent to $536 in 2012, compared to a 4 percent increase in 2011. Similarly, average associate rates increased 7.4 percent to $370 in 2012, down from 8.5 percent growth…

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Indian LPO firms continue to flourish

Jul 5, 2013 Legal process outsourcing has been a hugely successful addition to the Indian economy, and is expected to earn more than US$1 billion in 2014. Legal professionals working for US and UK law firms to do simple tasks…

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New fee guidelines for US bankruptcy cases

Jun 26, 2013 The US Trustee Program has introduced new fee guidelines for lawyers in "larger" Chapter 11 cases, which are set to take effect in November. Steven J. Harper, an author and Northwestern University adjunct professor,…

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Simmons lawyers told to increase billings

May 1, 2013 The managing partner of Simmons & Simmons has chastised associates for not billing enough, sending a firm-wide email to point out that competitors are recording an extra 500 hours of billings per associate per annum.…

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