Big firm attorneys in some practice areas will continue to have a comparative advantage over low-cost attorneys, in-house lawyers and other professionals.
Those are just billable hours working for clients, meaning many big firm attorneys work six or seven long days a week to bill that many hours. .
Businesses get the help they need without having to shell out big bucks to a law firm, attorneys get connected with new clients and additional work, and UpCounsel gets a small percentage for making the connection between the two.
Mr. Marks' clients pay him $600 an hour an amount far below what the "big firm" attorneys charge Mr. Marks' opposing parties, because he is worth it and because they prefer to pay hourly, rather than a contingency fee, given the billions at issue.
Their suspicion is that someone used the names of firm attorneys to make the resolutions look legitimate. .
In response, law firm attorneys say that corporation clients should worry less about cost and more about quality.
Law firm attorneys and librarians themselves freely admit that Westlaw and Lexis as necessarily evils, more focused on extracting incremental revenue with the exquisite precision of a proctologist than on delivery value that exceeds the cost of their products (the true measure of a useful business).
Though Blankfein hasn't been cleared by the Justice Department in its review of the Levin referral, firm attorneys give the chance of any case against him an extremely low probability -- one of the reasons Blankfein is now saying that he will remain at Goldman through the rest of the year.
The article reminded me of a conversation with a big-firm attorney whose client was the more-moneyed future spouse.
In a November 1 letter to the Ambassador from the Peter family's law firm, Arent Fox, attorney John M. Gurley suggests that the claimants are currently requesting an award of $1 million.
Rothenberg must now pay Haase $166,000 for expenses and losses incurred during his employment at the firm, plus attorney fees for the suit and for legal services related to an SEC investigation of the firm.
