The March issue of Litigation News includes two items that will make beaucoups of hourly lawyers grimace. The titles say it all:
- "Corporations Balk at Outside Counsels’ Automatic Rate Increases: Wal-Mart, Shell, and other corporations say rising associate salaries are to blame"
- "In-House Counsel Are Keeping Closer Tabs on Outside Lawyers: Law departments use vendor management techniques to monitor billing"
To which Blawgletter says not "yikes!" but "hallelujah!" We welcome in-house lawyers’ insistence on getting value for their legal dollars.
We also have two words for them: contingent fee.