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Legal Fees

LawVision

Mastering the Art of Client Communication on Law Firm Pricing

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A recent article on Law.com, Partners Confront ‘Deeply Uncomfortable’ Client Communications on Soaring Billing Rates, highlighted a growing trend in the legal industry: many firms are shifting away from personal...more

Marshall Dennehey

Law Firm Breakups

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Law firm breakups are fraught with the potential for attorney misconduct. Attorneys who determine they can no longer work together will often take the additional step of accusing one another of inappropriate conduct....more

Freiberger Haber LLP

Courts Will Not Assist An Effort To Enforce An Illegal Contract

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By Jonathan H. Freiberger  The Courts of New York will not aid in the enforcement of a contract when the subject matter is illegal. Cases standing for this seemingly unremarkable proposition are varied. For example, in...more

LawVision

Mirage or Oasis? Preparing for FY2025 Winter Pricing in the Summer Heat

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As summer peaks with days hitting a sweltering 100 degrees, it might be challenging to think about the heart of the fiscal 2025 winter season. Our strategic pricing calendar reminds us that this time of year presents an...more

Obermayer Rebmann Maxwell & Hippel LLP

The Attorney I Spoke to Ran a Conflict Check. Do They Represent Me Now?

Finding an attorney who is the right fit can be tough and it may mean you have to speak to more than one before you find someone you like. Have you ever wondered what happens if you decide to retain one attorney over the...more

McGlinchey Stafford

Litigation Byte (May Edition)

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The Litigation Byte is the new name and format for McGlinchey’s Commercial Law Bulletin. Our new format will reflect McGlinchey’s national coverage and our expanded footprint while still serving up the digestible, insightful...more

McGlinchey Stafford

NY District Court: Legal Fees Are Sufficient for Standing in FDCPA Claims

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On May 20, 2024, the United States District Court for the Southern District of New York issued a decision holding that legal fees resulting from violations of the Fair Debt Collection Practices Act (FDCPA) constitute a...more

Mitratech Holdings, Inc

Leveraging Outside Counsel Data: Moving Beyond Collection to Action

Transforming Insights into Action for Strategic Legal Operations - It’s been a busy few months in legal ops, and our Mitratech team has had the pleasure to be in person at a number of industry events, including ALM’s...more

LawVision

How to Choose the Target, and Then Hit It!

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It’s a longstanding tradition in the legal business: Clients complain about law firms on subjects such as price, deficient client service, slow response times, and unacceptable outcomes. Meanwhile, lawyers grouse about...more

International Lawyers Network

Law Firm ILN-telligence Podcast | Episode 92: Ron Davis | Fogler Rubinoff

Ron Davis is a partner with Fogler Rubinoff in Toronto, where he has over 35 years of litigation experience. In this episode, he and Lindsay chat about challenges and opportunities in the legal industry in Toronto and...more

Epiq

Solving Law Firm’s Biggest Problem: Outsourcing Legal Billing to Improve Collection and Profitability

Epiq on

Streamlining and improving the billing process in law firms is often perceived as a daunting task, fraught with complexities that can challenge even the most seasoned legal professionals. Billing is a time consuming,...more

Vedder Price

SEC Settles Enforcement Proceedings Against Adviser for Improperly Splitting Legal Fees with Mutual Fund Client

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On April 29, 2024, the SEC announced the settlement of administrative proceedings brought against a registered investment adviser for alleged violations of Section 17(d) of the Investment Company Act of 1940, Rule 17d-1...more

LawVision

The Scariest Chart on the State of the Legal Industry

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Do you want to see something scary? Borderline terrifying? Foreshadowing of major, inevitable changes in the practice and business of law? Take a look at this horror-show of a chart from the Thomson Reuters Institute &...more

Rivkin Radler LLP

New York Insurance Coverage Law Update - April 25 2024

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The insured, Match Group, LLC, brought a coverage action against its insurer, Beazley Underwriting Limited, and obtained a judgment against Beazley that Beazley appealed. In turn, the insured moved to recover the attorney’s...more

UnitedLex

Saving Money Through Smarter Legal Invoice Processes

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Effective invoice management not only ensures that organizations pay for the services they need but also enables them to reinvest savings into initiatives that drive further growth....more

LawVision

Your Strategic Pricing Execution Checklist

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As the year begins, law firms transition their pricing focus from the planning stage to execution. In the second half of 2023, firms were busy evaluating their rates and pricing strategies to prepare for 2024. Currently, the...more

Amundsen Davis LLC

The Impact of Cook County’s Increase in Referrals to the Law Division Mandatory Arbitration Program

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The significant increase in Cook County law division cases referred to the mandatory arbitration program in 2024 may have a surprisingly positive impact on the transportation industry. With verdicts on the rise, the...more

Hinshaw & Culbertson - Lawyers for the...

Florida Bar Advisory Opinion 24-1 Gives Green Light to Generative AI Use by Lawyers – With Four Ethical Caveats

Brief Summary - The Florida Bar has concluded that a lawyer may utilize generative artificial intelligence (AI) so long as the lawyer can reasonably guarantee compliance with the lawyer's ethical obligations....more

EDRM - Electronic Discovery Reference Model

Florida’s New Advisory Ethics Opinion on Generative AI Hits the Mark

As a former Florida trial lawyer and judge who appreciates emerging technology, I admit that I had more than a little concern when The Florida Bar announced it was working on a new ethics opinion on generative AI. Generative...more

Rumberger | Kirk

The Florida Bar Provides Guidance on Lawyers’ Use of Artificial Intelligence

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“I fear that AI may replace humans altogether. If people design computer viruses, someone will design AI that improves and replicates itself. This will be a new form of life that outperforms humans,” warned Stephen Hawking...more

Burns & Levinson LLP

In Massachusetts, Defendants Often Have the Right to Select Insurance Defense Counsel – and Have the Insurance Company Pay All of...

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On the one hand, business insurance provides in-house counsel with the peace of mind to know that if their company is involved in a covered event, the insurer will be responsible for some or all of the damages and also may be...more

Robins Kaplan LLP

Can the Threat of Fees Discourage Unnecessary Fiduciary Disputes? Maybe...

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The early stages of partner and shareholder relationships are about hope and promise, not discord and dispute. Yet, the earliest stage—and during the drafting of the partner or shareholder agreement—offer real opportunities...more

Robins Kaplan LLP

Advancement Proceedings: A Litigation Expense Your Client Might Not Have Anticipated

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When representing a client, it is helpful when law and logic align in an obvious manner. But alignment of law and logic sometimes appears murky at best, and often directly at odds. An example of this is when you need to...more

Farrell Fritz, P.C.

A Lifeline for the Stale “Schedule A”

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One need not peruse the pages of this blog for long to learn that its authors strongly advise against entering into an owners’ agreement that calls on the members to “annually” (or worse, “regularly”) update a critical aspect...more

Shipkevich PLLC

The Regulatory Landscape of Prepaid Legal Plans

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Prepaid legal plans offer coverage that grants individuals and families access to a network of qualified attorneys in exchange for a predetermined monthly or annual fee. With legal expense plans, participants can receive...more

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