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In today's competitive legal market, low ball estimates and other practices that undermine fee predictability and accuracy can erode client relationships. This article addresses the new Legal Project Management metrics and...more
Earlier this month, Gerber Products Co. was hit with a potentially costly class action lawsuit in New Jersey over health claims related to several of its baby food products. According to the New Jersey Law Journal, the...more
Global law firm, Dechert, has pulled ahead of the pack by driving a Legal Project Management initiative to train all its lawyers worldwide in the discipline of project management for law firms. Legal Project management is a...more
The ABA's Solosez listserv is chock full of conversation, but reading from it can be like drinking from a firehose. Here, business development advisor Larry Bodine captured a discussion entitled, "Mistakes I've Made Setting...more
As General Counsel face reduced 2009 budgets, many companies are finding significant savings by moving legal work to regional firms. The article discusses the trend and provides examples of companies and law firms that...more
The most important trend in the legal industry is connecting a client's value of a matter to the fees charged by law firms. Corporate counsel have become the market makers and change agents and are requiring firms to become...more
Despite the worsening economy, many law firms continue to raise billing rates. The article discusses the impact to clients and provides examples of law firm rate increases....more
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