Law firm news by topic » Billing

US law firms expect to raise billing rates in 2010

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 higher increase than smaller firms, with firms of…

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Weil Gotshal's Lehman bankruptcy fees exceed $100m

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 for the period of September 2008 to January 2009 has…

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For Large Firms, Alternative Billing Makes Inroads

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 unusual spot of representing the plaintiffs along…

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Slaughters Northern Rock bills high

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 Audit Office also showed that the government agreed…

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Top White & Case lawyers bill $1,260 an hour

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 law firms surveyed. White & Case reported the…

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The Skinny on Flat Fees

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 work efficiency.

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Lawyer investigated for billing 30 hours a day

Feb 8, 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 senator, acted with her son Azool to defend Catholic…

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Large Firms' Billing Rates Continue to Climb

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 amounts they charged for partner and associate…

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