Last week, I noted an article in the Wall Street Journal about corporate clients using reverse auctions to get law firms to price work better. My post (and the accompanying diagram) caught the attention of one of the early adopters of reverse … [Continue reading]
The End of the Full Service Law Firm?
Today UK's Legal Week reported that mega-firm CMS Cameron McKenna was transferring its immigration practice to a specialty firm, Fragomen. According to the report: CMS said that following the transfer it will use Fragomen as its preferred UK … [Continue reading]
Of Legal Auctions and Icebergs
When the Wall Street Journal talks about auctions and legal pricing, people take notice. The WSJ's Law Blog has an excerpt of a subscription-only article about reverse auctions and law firm pricing. A reverse auction purports to flip the normal … [Continue reading]
Starbucks Baristas Analyze Netflix for Free
Last week, we looked at the changes Netflix was making to its pricing plans and what it might tell lawyers about the environment for legal pricing. Yesterday, Netflix announced higher earnings after the close, but a lowered guidance for the next … [Continue reading]
New Netflix Plans and Legal Pricing
It's rare that a pricing move by one company affects so many people at the same time so transparently. This week's announcement by Netflix of new pricing plans falls into this category. In a nutshell, Netflix goes from a plan at $9.99 that … [Continue reading]
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