Sentences with phrase «associates at hourly rates»

Court filings by Akin Gump show that partners from the firm are billing between $ 500 and $ 1,200 per hour, counsel from $ 415 to $ 850 per hour, and associates at hourly rates ranging from $ 335 to $ 625.

Not exact matches

Large firms have associates and paralegals who often do much of the work at lower hourly rates.

RIAs are eligible to participate in the Program if they represent to Fidelity Investments that they meet the following criteria: (1) RIA is an investment adviser registered and in good standing with the U.S. Securities and Exchange Commission and / or any applicable state securities regulatory authorities or is exempt from such registration; (2) RIA's representatives who provide services to referred clients are appropriately registered / licensed as «Investment Advisers Representatives» in required jurisdictions; (3) RIA charges fee - based, asset - based, or flat - rate investment advisory service fees (which may include hourly fees); (4) RIA will maintain a minimum of $ 350,000,000 in total regulatory assets under management, as reported in response to Item 5 in Part 1A of the RIA's Form ADV, throughout the duration of RIA's participation in the Program; (5) RIA and all associated persons of the RIA who manage client assets or who supervise such associated persons shall at all times be covered through both Errors and Omissions Liability Insurance and Fidelity Bond Coverage; and (6) RIA maintains a minimum of two principals or officers as well as a minimum of five employees.

Junior Work Done at Senior Billing Rates In most firms, senior attorneys are billed out at higher hourly rates than junior attorneys, and clients want to see tasks being performed in the most efficient manner possible for them: if a $ 150 / hour associate can draft a client update in the same time and at roughly the same skill level as a $ 450 / hour partner, then the client will not want to pay three times the amount for the same reRates In most firms, senior attorneys are billed out at higher hourly rates than junior attorneys, and clients want to see tasks being performed in the most efficient manner possible for them: if a $ 150 / hour associate can draft a client update in the same time and at roughly the same skill level as a $ 450 / hour partner, then the client will not want to pay three times the amount for the same rerates than junior attorneys, and clients want to see tasks being performed in the most efficient manner possible for them: if a $ 150 / hour associate can draft a client update in the same time and at roughly the same skill level as a $ 450 / hour partner, then the client will not want to pay three times the amount for the same result.

Associates in small firms are more often employed to help get the work done, often at a lower hourly rate, rather than to pad the bill.

This translates into enormous value for clients: in some cases a QC can charge the same hourly rate as a senior associate at a City law firm.

Is it reasonable to bill at hourly rates of $ 285 for summer associates & $ 175 to $ 275 for paralegals?

Although candidates may meet with partners and associates at various levels of seniority, for purposes of this exercise I suggest using an hourly rate of a third or fourth year associate (let's use $ 250).

Last summer, Howrey announced that all incoming first - year associates would enter into a two - year apprenticeship program designed to provide the newbie lawyers with extensive training before they move on to handling client matters at standard hourly rates.

Fed up with the rising cost of outsourcing work to inexperienced junior associates at BigLaw firms — whose average hourly rate is approaching $ 300 — a growing number of companies are opting for the more cost - effective route of hiring their own lawyers fresh out of law school and training them in - house.

Through the use of Cognition, McCarthy Tétrault was able to lower its fixed weighted hourly rate and Swan from Cognition was billed at the rate of a junior associate.