We depart from our usual April Fool's prank to offer a timely seminar for Wired GC readers. Our recent discussion about the corporate Legal Pyramid has generated a lot of feedback. There were also a number of issues that didn't fit into the format. … [Continue reading]
Charging for The Law: Moving the Free Line
Over the last two days, I have outlined why some larger law firms may consider not charging for client access to "the law." In day one , I posited that "the law" without more really has no value to clients. On day two, I mentioned the "castles and … [Continue reading]
Charging for the Law: Castles and Moats
Yesterday, I advanced the proposition that law firms may consider not charging for "the law." In fact, larger ones might be able to use this as a competitive advantage. The person who started this thinking was, paradoxically, Warren Buffet. He was … [Continue reading]
Beyond Legal Billing: What Does the Law Cost?
Last week featured an attempt at a visual treatment of the trend of billing rates for corporate legal services. We even offered up a Legal Pyramid (in PDF format, to boot). While catching up on non-legal reading over the weekend, something really … [Continue reading]
Legal Billing Rates: The Next Wave 2
Today we complete yesterday's first cut at the emerging Legal Pyramid for law firms and other actors on the corporate legal stage. Today the focus is on layer 4, with a nod to layer 5. For convenience, here is yesterday's graphic, slightly … [Continue reading]
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