Patrick Lamb

Patrick Lamb

Valorem Law Group LLC

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It’s hard to make this stuff up

Michael Rynowecer writes as “The Mad Clientist” and his latest post, Outtakes for the Client Service Laboratory makes you wonder just what kind of drug-induced haze so many seem to live in. Take these two examples...more

7/18/2013 - Attorney's Fees Client Services Extortion Fraud Legal Costs

Hugely successful GC on the role of Value Fees in highly successful law departments

With his permission, I want to share with you a note I received from Ken Grady, the former General Counsel of Wolverine World Wide, Inc. and architect of the astonishingly successful Wolverine law department and its...more

6/3/2013 - Attorney's Fees Legal Costs Value-Based Fees

A Thousand Dollars Per Hour: Wrong Focus

The Wall Street Journal recently reported on the increasing number of BigLaw partners charging more than $1000 per hour. My thoughts on hourly billing are well know, but the criticism of these rates as excessive misses the...more

4/15/2013 - Attorney's Fees Billable Hours

The Premise of Pricing

I am frequently asked how I go about pricing the handling of a lawsuit. I am always tempted to answer with the old line, “I could tell you but then I’d have to kill you.” My real answer goes something like this: “Before...more

4/1/2013 - Attorney's Fees Billing Legal Costs

Simple questions a client can ask to expose dirty little secrets

Everyone claims to offer fee structures that are alternatives to the billable hour. Frequently, these “alternatives” are nothing more than estimated hours x hourly rates, plus “a little cushion.” So clients should...more

4/1/2013 - Attorney's Fees Billable Hours Document Review Project Management

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