BigLaw's non-equity partner ranks grew at a faster
rate than any other law firm job title over the past six years, but the trend appears to be reversing as some firms counsel out income partners in an effort to save on costs and boost profitability.
Not exact matches
Not only is branded traffic a sizeable category, it also converts into
law firm contacts at a 60 % higher
rate than any
other traffic type.
That is a huge adoption
rate, and yet
law firms have a tendency to look for something
other than this obvious solution.
Law firm bill
rates rise but... «Significant growth
rate increases are noticeable» according to the complete ELM Trends report but the increases are «higher in eastern cities and states
than other parts of the country.»
With only a dozens of professional trial lawyers, TianTong has represented more appeal and retrial cases before the Supreme People's Court
than any
other law firms in China, and has been keeping one of the highest winning
rates among all Chinese
law firms before the Supreme People's Court for many years.
In terms of choosing external counsel, Chang said in some cases they are lawyers he worked with at two previous
law firms he was employed at, while for
other matters he sticks with a corporate - commercial lawyer who left a large
firm and is now at a boutique offering «Bay Street services at less
than Bay Street
rates.»
Law firm billing
rates are rising and faster in some geographic regions
than others.
We have more top -
rated lawyers
than any
other personal injury
law firm in Hawaii.
In the mainstream, London mid-tier and hybrid
firms, failure
rates range from 15 - 25 %, which is certainly expensive enough.The most interesting findings of the research this year are that US
firms are worse hirers
than UK
firms, that hires from in - house directly into partnership suffer much greater failure
rates than from
other law firms, and that hires into transactional areas such as corporate and finance are markedly more likely to fail
than those into specialist areas or litigation.
Today's economic challenges are compelling in - house attorneys to significantly reduce their own costs, while fees paid to outside
law firms have tended to increase at
rates higher
than employee salaries, energy costs, and
other business expenses.