March 9, 2009
General
This article from Amanda Ellis should serve as a shock to practitioners. In it she describes an emerging type of law firm, mostly identifed in the US, but one that is blowing away its competition. Its characteristics: no minimum billable hour requirements no partners a 10-40 hour workweek average attorney salaries in the high $100,000s [...]
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January 8, 2009
General
First up in the ABA Journal, Morgan Lewis announces it is ditching the billable hour. Well sort of. It’s de-emphasizing the billable hour as a component driving bonuses for its staff. I’m sure its associates will be delighted, especially when you note that the bar starts at 2,000 hours pa. Given that US lawyers are [...]
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