Tag Archives: Economics

Decisions Reveal Priorities In Law Firm Economics

We have been discussing law firm economics and employment litigation in a recent series of posts – here is the most recent.  One theme we have been emphasizing is that law firms are businesses too, and businesses make decisions about pricing … Continue reading

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Are Alternate Billing Arrangements The Answer?

Law.com has an article today called “Billing Gets Creative in Souring Economy:  Retainers, flat and ‘success’ fees in play.”  The article discusses the efforts of large corporations to reduce legal expenses with new alternative billing arrangements such as fixed fees, … Continue reading

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More On Law Firm Economics As It Relates To Employment Law

In a recent post, I commented on the economy and law firm economics.  An article on Law.com today discusses some of the same pros and cons of hiring super-sized institutional law firms — Why Law Departments Should Beware Super-Sized Firms.  The author, … Continue reading

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Economy Impacts Law Firm Economics — Are There Other Alternatives?

The Washington Post reported yesterday here that law firms are tightening their belts as clients increasingly demand reductions in legal fees.  As the economy shifts, even old line firms with substantial revenues have failed.  But as we have noted elsewhere, … Continue reading

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