July 30, 2008
by Carolyn Elefant
This post is for the 96 Cadwalader attorneys who were pink slipped today. Let me be blunt: consider starting a law firm. No, don’t do it now while you’re still nursing your wounds; getting axed is never pleasant even when it’s not your fault (and hey, we all know that it’s economics pure and simple). [...]
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Biglaw Practice and Issues
May 30, 2008
by Carolyn Elefant
If you’ve ever discounted your fees, either voluntarily to lure a client to your firm or involuntarily because your client ran out of cash, you’re in strong company. As I posted over at Legal Blogwatch, 76 percent of law firms discount their fees. But what’s even more interesting is that 89 percent of the discounters [...]
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Big Law/Small Law