Irony: complaints about high rates of partners yet gripes about not getting enough of their time

Yes, hourly billing rates near $1,000 draw the ire of in-house lawyers. But at an Ark conference this week, a general counsel panel made the point that general counsel often wish they could get more time from the very same, expensive partner. It is that lawyer’s judgment and ability to change direction (innovate) that provides so much more value than all the lower-cost drudges churning away below.

Something like the borscht belt joke about the food being so bad and the portions so small, senior lawyers inside moan about the meter ticking so fast and that they get so little time.

We welcome comments

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Irony: complaints about high rates of partners yet gripes about not getting enough of their time

Yes, hourly billing rates near $1,000 draw the ire of in-house lawyers. But at an Ark conference this week, a general counsel panel made the point that general counsel often wish they could get more time from the very same, expensive partner. It is that lawyer’s judgment and ability to change direction (innovate) that provides so much more value than all the lower-cost drudges churning away below.

Something like the borscht belt joke about the food being so bad and the portions so small, senior lawyers inside moan about the meter ticking so fast and that they get so little time.

We welcome comments

Your email address will not be published. Required fields are marked *