The goal is to design a model that provides incentives to meet client objectives, without windfalls for either side,” said David Rueff, chief client solutions group officer at Baker Donelson.

(Billable Hours is Reuters' weekly report on lawyers and money. Please send tips or suggestions to ...

Government has endorsed new recommended hourly rates for legal practitioners, a move that will now push court users engaging ...

A leading attorney for billionaire Tesla CEO Elon Musk and embattled New York Mayor Eric Adams now has a standard billing ...

Technology and administrative costs are also rising and further contributing to increasing fees. Report Insight Part 4: Fee structure and hourly billing rates While the cost of legal fees increases in ...

Introduction In a striking development for the legal industry, Quinn Emanuel Urquhart & Sullivan has set a new benchmark, charging $3,000 per hour for top partners. This milestone signals a broader ...

Crease Harman uses the billable hour, including in litigation, where Hallsor says the firm prefers it over contingency fees and other methods. In some solicitors’ areas, the firm offers flat-rate ...

As law firm billing rates hit historic highs, corporate legal departments are pushing back against unsustainable increases.

Quinn Emanuel's $3,000 top rate marks a milestone for leading U.S. law firms as lawyers' hourly fees continue to soar. Law firms routinely raise their rates each year, and top rates at some of the ...

Quinn Emanuel’s $3,000 top rate marks a milestone for leading US law firms as lawyers’ hourly fees continue to soar. Law firms routinely raise their rates each year, and top rates at some of ...

But hourly billing rates for first-year associates at ... Even when that's not the case, law firms often don't charge clients for all the time worked by their first-years because they're learning ...