Largest law firms charge nearly $1,000 an hour, report finds
Partners in New York lead the way by a significant margin, with those attorneys charging an average of $1,562 an hour.
The second-highest hourly rates...
Legal Billing Rule #3: Not Billing in a Timely Fashion Sends a Message
When you don’t send bills in a timely fashion, you send your client a message that receiving prompt payment really isn’t all that important...
The Future of the Legal Profession: Beyond the Billable Hour.
The next chapter of law will favour those who can preserve judgment, absorb technology and demonstrate that legal is not merely a brake, but...
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Good idea, this should increase your revenue..
Congratulations, the mere fact that you have decided to see how you can make technology work for your...
Attorney’s Guide to Healthy Law Firm Billing
What percentage of your firm’s billable hours would you say get captured, invoiced, and paid on every month?
The painful truth is that, for most...
Legal Billing Rule #13: Make Small Improvements Each Quarter
Don’t try to introduce new changes to your office practices all at once. Instead, incorporate a couple every quarter, starting with the most important...
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There is a gap. The gap is big and it is growing. This gap affects us daily and it needs to be addressed. We...
Beyond the Billable Hour: A Practical Guide to Alternative Fee Arrangements
Discover how offering alternative fee arrangements complement your client service and benefit your bottom line. The billable hour is inefficient and prone to abuse…and...
The Ethical Lawyer as opposed to the Billable Hour
There are certain topics of conversation that are best avoided, religion, politics and money, are dangerous conversation starters. As is the billable hour and...
Law Firm Sites Talk About Alternative Fees, But Use Appears Thin
Three of four top 100 Big Law firms talk about using alternative fee arrangements on their websites, but a Bloomberg Law analysis shows the...
Legal Billing Rule #9: Capture Time With Easy, Modern Tools
Get in the habit of capturing time as close as possible to when it’s being expended, which is easy to accomplish with 21st Century...
