Posts Categorized: Big Firms

Something’s actually happening

Posted by & filed under Big Firms, Billing, Clients, Competition, Innovation, Leadership, Management.

There’s a lot of buzz building about an article in today’s New York Times with the rather odd title “Who’s Cuddly Now? Law Firms.” It summarizes a recent rash of new business models in American law firms, from flextime for lawyers to flat-fee bills for clients to alternative billable-hour schemes and more. It’s the second… Read more »

The value proposition for associates

Posted by & filed under Big Firms, Billing, Compensation.

From the Recorder comes news of a 220-lawyer firm in San Diego that has decided to abandon lockstep, year-of-call-based compensation for its associates.  Luce, Forward, Hamilton & Scripps has created no fewer than 14 different levels of associate compensation, based on what type of law the associate practises and how good she is at it…. Read more »

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