Nicole Auerbach and Patrick Lamb, co-founders of the nationally acclaimed AFA law
firm Valorem Law Group, provide consulting services through ValoremNext, a sister company to Valorem Law, focused on helping clients maximizing legal spend and prevent problems before they occur.
It's Pat Lamb, his Chicago - based
firm Valorem and In Search of Perfect Client Service, his well - regarded and enduring blog.
Not exact matches
Valorem Law Group is a litigation law
firm made up of big
firm refugees.
Nicole Auerbach co-founded
Valorem Law in 2008 — a boutique litigation
firm — one of a handful of prestigious law practices that never bills by the hour:
J. Stephen Poor, partner and former chair of Seyfarth Shaw LLP — a leading international law
firm renowned for innovation — but one that has not rejected hourly billing as
Valorem Law has:
Second, Carr was systematic about preventing liability before it arose (detailing his methods in two one - hour presentations, with slides, here and here — and in a dialogue with Patrick Lamb, a founder of
Valorem — a law
firm which never bills by the hour and bills solely by pre-agreed value of tasks).
Those familiar with
Valorem Law Group know that I have spent considerable time thinking about the right business model for law
firms wishing to place a stake in the future.
Now, with 11 lawyers and more than seven years of success using this new model,
Valorem hears many
firms claim to offer alternative fees.
The recent Ark Group master class on LPM, by Steven B. Levy of Lexician and Patrick Lamb of the
Valorem Law Group, was a good overview of the topic, with Steven drawing on his experiences at Microsoft and from his book, with Patrick providing a law
firm perspective based on the approach in his daily practice.
Inasmuch as I joined several other big
firm refugees to start
Valorem, I believe with every cent left in my kids» Section 529 plans that these smaller specialty
firms have a special place in helping clients solve their problems.
One litigation
firm,
Valorem Law Group, offers online resources to enhance collaboration and case management, alternative fee structures, and a «Value Adjustment Line» on all invoices, enabling the client to adjust the
firm's fees if they choose to do so.
Valorem joins Bartlit Beck, Exemplar and the recently created Confluence Law Partners (and there are others) as law
firms just waiting to not bill you by the hour.
Home / People, Places and Blawgs /
Valorem recognized by in - house counsel as a Leading Collaboration
Firm
From 2005 onwards, through his blog, he has told the profession how to run client driven law
firms; from 2008, as a founding member of the innovative
Valorem Law
Firm, he's been showing how it's done.
Valorem Law Group Organization Type: Law
Firm Position / Title: Founding Member Functional Area: Law Practice Year of Induction: 2010
Patrick Lamb is one of the founders of
Valorem Law Group, a litigation
firm known for its commitment to client service and value billing.
I am normally reluctant to write about «us,» but I am so tickled by a recent report recognizing
Valorem as a «brand elite»
firm that I am breaking from this general practice.
Like the iconic Bartlit Beck
firm (see post here),
Valorem strictly avoids billing for its work based on time expended, and has instead become known for agreeing upfront with clients on the actual value of its legal services — with appropriate incentives based on actual outcomes.
Valorem Law Group, LLP — founded by Nicole Auerbach and Patrick Lamb of the new
firm ElevateNext — was founded in 2008 and has been one of a tiny handful of law
firms which simply do not bill by the hour.
2012 «The ABCs of AFAs» Association of Legal Administrators» Law
Firm Financial Management Conference Presenter: Patrick Lamb,
Valorem Law Group, LLC >> PRICING PRESENTATION
Just kidding, the last 8 years since we launched
Valorem and became «the alternative fee
firm» have flown by.
Valorem Law Group is honored to be one of the law
firms «who leading legal decision makers say are the tops in collaboration.»
In 2008, after nearly 15 years of practice at a BigLaw
firm in Chicago, I took a leap of faith and resigned my partnership to become a Founding Partner of
Valorem Law Group.
In 2018, we took another leap for our next 10 years (at least) by creating ElevateNext, a law
firm working alongside the acclaimed global law company, Elevate, to help corporate customers substantially reduce their legal department spend while providing sophisticated legal representation using the
Valorem model.
In Search of Perfect Client Service — Patrick J. Lamb's
Valorem Law
Firm walks the talk on client - oriented legal services, and his blog is an invaluable resource for lawyers who want to follow.
While that last sentence is written with (hopeful) tongue in cheek, I do seriously note that
firms like
Valorem (my
firm) and Summit Law Group and others comprised of ex-BigLaw partners who have seen the future and realize it should not include the billable hour or at least not BigLaw rates, provide a real option to help you meet your litigation needs.
Indeed, ACC has recruited for the faculty an all - star team of legal services management wizards from law
firms, law departments and consulting
firms: Lisa Damon, Seyfarth; Russ Dempsey, United Retirement; Bill Garcia, Thompson Hine; Devdeep Ghosh, Huron; Carla Goldstein, Bank of Montreal; Ken Grady, SeyfarthLean Consulting; Nancy Jessen, Huron Consulting; Pat Lamb,
Valorem Law Group; and Rob Lipstein and Kathryn Kirmayer, Crowell & Moring.
Author Patrick Lamb, a partner with
Valorem law group, also offers thoughts on best practices for law
firm leadership and management.
«The assets are located in Chicago and every collar county — many of which are for ad
valorem support on behalf of tax appeal
firms in Chicago.