Hildebrandt: Demand for Legal Services Down 8%
According to the Hildebrandt International Peer Monitor Index, demand for legal services dropped by more than 8% compared to Q1…
billing rates
Pillsbury Hiring for Trusts & Estates Practice
Pillsbury, which fired 155 in March, is hiring lawyers for its trusts & estates practice. Palo Alto-based partner Jennifer McCall,…
Pepe & Hazard Lays Off 5 Lawyers, 7 Staff
Connecticut's Pepe & Hazard is laying off five attorneys and seven staff members. The 61-attorney firm says the move "is…
Allen & Overy to Cut 30% of Trainees
London's Allen & Overy will only retain 70% of its trainees for September 2009 and March 2010. The Magic Circle…
K&L Gates Freezes Salaries
Above the Law reports that K&L Gates held a meeting Friday to discuss, amongst other things, salary freezes. Earlier today,…
Cravath Lawyer: Kill the Billable Hour
Evan R. Chesler, a Presiding Partner at New York's Cravath, Swaine & Moore LLP, has made a bold suggestion in…
Boutique to Cut Client Billing Rates in 2009
Austin, Texas-based appellate boutique Alexander Dubose Jones & Townsend is reducing its billing rates in current hourly-fee cases by 10%…
White & Case Lawyers Bill as Much as $1,260 an Hour
Over 70% percent of large law firms surveyed raised their billing rates this year, with one firm charging more than…