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News & Analysis as of May 23, 2013

THE LOW DELTA FIRM: Demise of the Low Ball?

by Pamela Woldow on 3/12/2012

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

Can You Back Up the Hype? Gerber Lawsuit Highlights Legal Risks of Advertising

by Robert Levy on 3/2/2012

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

Is Dechert Ahead of the Curve?

by Pamela Woldow on 4/2/2010

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

Mistakes I've Made Setting Up a Solo Practice

by Larry Bodine on 12/8/2009

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

Will Regional, Mid-Tier Firms Emerge as Winners in the Current Crisis?

by Pamela Woldow on 2/5/2009

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

Tying Outside Legal Costs to Value

by Pamela Woldow on 2/1/2009

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

Law Firm Fees Defy Gravity

by Pamela Woldow on 12/8/2008

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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