Corporate
Dec. 2, 2003
Deal Creep
Column Corporate Law By John J. Selbak In the late 1990s, many large firms increased their billing rates to more than $500 an hour, while first-year associates billed at $275 an hour. In-house attorneys are always the first to complain about outside counsel's legal bills, but they are curiously unable to resist the temptation to hire those firms with the high rates. The standard reasons given are generally: "This is an important transaction," "We can't afford to lose this one," or "We need a
Column
Corporate Law
By John J. Selbak
In the late 1990s, many large firms incr...
Corporate Law
By John J. Selbak
In the late 1990s, many large firms incr...
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