- Typical Client/Lawyer Legal Fee Arrangements
Knowing the four basic legal fee categories can help you understand your arrangements with your lawyer, will prevent surprises, and will save you aggravation down the road.
- Equity partners in U.S. law firms earned an average of
$319,000 in 2003, a 6.6% increase from 2002, according to the 2004
edition of Survey of Law Firm Economics produced by Altman Weil
Publications...
Equity partners in U.S. law firms earned an average of $319,000 in 2003, a 6.6% increase from 2002, according to the 2004 edition of Survey of Law Firm Economics produced by Altman Weil Publications (Newtown Square, PA). On a per lawyer basis, law firm revenues increased 4% between 2002 and ......
- Paralegals firm up the law
Joan Herman recently returned from Surrogate's Court, where she researched information on a probate proceeding. While this chore may seem like a hassle to many, this trek to the courts is just one of many tasks that have become part of Herman's everyday routine as a litigation paralegal in Nixon ......
- How Will I Be Charged for Legal Services?
How do lawyers charge for their services? Most lawyers charge an hourly rate for time spent on your matter. This will include time doing research, writing contracts, negotiating on your behalf, telephone calls, being in court, and the like. Some lawyers ......
- Beyond the billable hours
It may be less than a majority of Long Island attorneys who practice pro bono work, but those who do say they find it professionally satisfying. In 1999, the latest figures available, Long Island attorneys reported contributing more than $1.8 million in criminal pro bono work, some 17 percent more ......
- Pro bono, pro business
Community spirit is contagious, and good works give clients with an altruistic conscience more reason to do business with a law firm. Pro bono, legal counsel is paying off for Blank Rome, where the benefits are twofold - associates can marry their profession with their passion for a cause, and ......
- Cutting legal costs with
paralegals.
Behind every great lawyer often there stands a great paralegal. This saying is increasingly true for corporate legal departments and law firms which are learning to curb costs by increasing the amount of work carried out by paralegals. Corporations often turn to law firm attorneys for specialized legal expertise. Top ......