A new approach to how law firm partners evaluate associate performances may change the way attorneys pile up billable hours. On Nov. 18, the national firm Jackson Lewis – which has 33 attorneys in its ...

US law firm Ropes & Gray has expanded its programme to give junior lawyers 20 per cent of their billable hours to experiment ...

Today, at many smaller firms, client service partners generate, on average, about 1,500 to 1,600 billable hours per annum. At most of the Top 100 CPA firms, client service partners generate about ...

Generative AI is transforming the legal industry, but attorneys say the billable hour is here to stay. Instead, they said the value of a lawyer's hour is likely to increase as AI tools help automate ...

PITTSBURGH | While talk of the death of the billable hour at law firms may be premature, it's losing its luster as a mainstay of law firms' pay structure. Reflecting the change, New York-based Jackson ...

As expected, several large law firms have fallen in line with the associate bonus scale set by Cravath, Swaine & Moore this week. But some associates need to work harder to earn their reward than ...

“I could have sworn I had them on my desk in front of me two minutes ago, but I just can’t seem to find them…” No, I’m not talking about your keys, business cards or antacids; I’m talking about your ...

Comprehensive Web app Harvest lets teams track billable hours and produce estimates and invoices. When you’re billing clients by time, accurate tracking is a must. Harvest is a Web app that aims to ...

It seems a well-accepted fact that police traffic ticket quotas lead to more unjustified tickets. Many states recognize that unwarranted tickets are written even when unofficial quotas are used. That ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

A growing number of industry pricing experts are urging CPA firms to jettison the venerable billable hour and replace it with a fixed-pricing model, or even the more optimal model of “value pricing.” ...