Rates

In The News . . . . 2014 Altman Weil Flash Survey Of “Law Firms In Transition” Has Some Interesting Trends In Law Firm Management/Client Pricing

In The News, Rates

  Discounts Are Prevalent and Nonhourly Arrangements Becoming More Common (But Maybe Not So Profitable).      Legal consultants Altman Weil have come out with their “2014 Law Firms in Transition Survey” based on receiving survey responses from 304 U.S. law firms, including 42% of the nation’s 350 largest firms (a 38% response rate out of […]

In the News . . . . 2013 Attorney Hourly rates Are On The Rise, But Clients Are Getting Discounts And Billing/Collection Differential Has Increased

Rates

       Co-contributors Marc and Mike thank Mike’s father-in-law Tom Basehart for sharing an interesting April 10, 2013 article from The Wall Street Journal (authored by Jennifer Smith) which provides some insights into rising attorney billing rates and client reactions to such a trend.      Here are the highlights from this article:      *”Star” partners

In The News . . . . Brutal Market For Law School Grads, Law Schools Hit The Brakes, And Pricey Hourly Rates For Top Attorneys

In The News, Rates

       Well, we are approaching the end of the year, and that means some snippets from newspaper articles saved by co-contributor Mike’s father-in-law Tom Basehart. Here you go. Brutal Law Grad Market.      A Wall Street Journal analysis earlier this year found that members of the 2011 law school class had little better than

Substantiation Of Reasonableness Of Fees: Second Circuit Court of Appeals Rules That Contemporaneous Time Records Need To Be Presented For Fee Recovery In All But Rarest Of Cases

Cases: Substantiation of Reasonableness of Fees, Rates

Federal Decision Highlights Differences Between Federal Versus California State Approaches; Second Circuit Does Allow Attorney an Equitable “Fallback” Approach.      At the California state law level, although it is a good idea to keep them, contemporaneous time records are not required substantiation in fee proceedings. (Chavez v. Netflix, Inc., 162 Cal.App.4th 43, 64 (2008).) Beyond

Rates: Association Of Corporate Counsel Has An Interesting “Value-Based Fee Primer” Showing Recent Trends In Attorney’s Fees Rates And Alternative Arrangements For Retaining Outside Counsel

Rates

Rising Rates and Savings from Other Options Are Factors Taking Precedence From In-House Corporate Attorneys.      The Association of Corporate Counsel (ACC) is an in-house bar association for professional corporate counsel who practice in legal departments globally. ACC has published a 2010 “Value-Based Fee Primer,” available for reading at http://www.acc.com/valuechallenge/index.cfm, that has some interesting fee

Section 1717 and Prevailing Parties: Fourth District, Division One, Rules that Civil Code Section 1717’s Prevailing Party Standard, Mutuality Principle, and Reasonable Fees Standard Apply to an Attorney’s Fees Provision in a Consent Decree

Cases: Prevailing Party, Cases: Reasonableness of Fees, Cases: Section 1717, Rates

Order Granting the People $707,882.50 in Attorney Fees and Costs of $32,673 Goes Up in Smoke, But Not to Worry, Parties Will Get to Light Up Again in Trial Court      In this appeal, R.J. Reynolds Tobacco Company challenged an order awarding attorney fees to the People for enforcing a Consent Decree banning participating tobacco

Reasonableness Of Fees: Two Recent Incisive Legal Intelligence Studies Show Average Billing Rates For Small And Mid-Sized Firms And Internal Costs For In-House Counsel Departments

Cases: Reasonableness of Fees, Rates

     Incisive Legal Intelligence has two fairly recent surveys that may be of interest to those of you who follow our blog with respect to national attorney hourly rates and in-house counsel costs. Here you go. 2009 Billings Rates and Practice Survey for Small and Mid-Sized Firms.      In its 2009 study on billing rates

Scroll to Top