A recent Law 360 story by Aebra Coe, “Clients Are Eager for Discounts As Pandemic Rages On,” reports that more clients are looking for ways to reduce the cost of their outside counsel as the world...
News Blog
Category: Legal Spend
Do Outside Billing Guidelines Hurt the Profession?
April 21, 2020
A recent Law 360 story by Aebra Coe, “Do Strict Outside Counsel Guidelines Hurt the Profession?,” reports that an American Bar Association presentation offered two opposing perspectives on a...
Technology Alone is Not the Answer to Outside Fee Guidelines
February 14, 2020
A recent American Lawyer story by Dan Packel, “‘Technology Alone Is Not the Answer’ Wilmer Revisits Outside Counsel Guidelines,” reports that the number of outside counsel guidelines that...
Why Law Firms Struggle with Outside Counsel Guidelines
December 4, 2019
A recent the American Lawyer article by Dan Packel, “Why Firms Struggle With Outside Counsel Guidelines – and Pay the Price,” reports on a new survey that draws a straight line between lower...
Three Places Overbilling May Be Lurking
December 2, 2019
A recent Law 360 article by Andrew Strickler, “3 Places Overbilling May Be Lurking,” reports on overbilling. The article reads: By most accounts, the wild ol’ days of lawyer invoicing —...
NALFA Announces The Nation’s Top Attorney Fee Experts of 2019
August 20, 2019
NALFA, a non-profit group, has a network of attorney fee expertise. Our network includes members, faculty, and fellows with expertise on the reasonableness of attorney fees. We help organize and...
A recent article in Legal Intelligencer by Samuel H. Pond, “The ‘Great Equalizer—How the Contingent Fee Provides Access to Justice” reports on the benefits of the contingency fee model in...
Texas Companies Spend Record Legal Fees in 2017
May 4, 2018
A recent Texas Lawbook story by Mark Curriden, “Texas Companies Paid Record Legal Fees in 2017,” reports that Texas companies paid law firms that represent them a record-setting amount of money...
IBM’s Watson Could Help Reduce Outside Counsel Spend
May 19, 2017
A recent the Corporate Counsel story by Jennifer Williams-Alvarez, “IBM Says New Watson Tool Could Dramatically Reduce Outside Counsel Spend,” reports that, a new tool using International...
Report: Wells Fargo Was Too Focused on Legal Spend
April 12, 2017
A recent Bloomberg Big Law Business story by Gabe Friedman, “Wells Fargo Lawyers Were Too Cost Focused, Report Says,” reports on the recent abusive sales practices of Wells Fargo. The story...