GCs Brace Themselves for Rate Battles | Gcconsulting.com
General Counsel Consulting
About us Attorney resources Employer resources Job listings Submit resume Contact Us
General Counsel Consulting
Sign In
Email:
Password:
Forgot your password?
New User?
Signup
 
2016
Most Influential
Legal Recruiters By
GCC
General Counsel
Consulting
provided
exceptional
service in helping
my organization
recruit for a hard
to fill position.
They did extensive
work on the front
end to understand
our needs and
our culture and
began referring
highly qualified
candidates almost
immediately.
 
Melinda Burrows
Deputy General Counsel
- Litigation and
Compliance, Progress
Energy Service Company
LLC
 

Jobs for Law Students
Law Student - Government in Fort Lauderdale, FL - USA-FL-Fort Lauderdale
USA-FL-Fort Lauderdale
Spring Internship Program The candidate will work in the Victims Services/Criminal Justice division.... [more]


 
Click here
 

Job of the Day
Real Estate Attorney - $100.00/hr
Orlando Florida United States

We are an LLC real estate company in Florida, seeking a Florida Federal licensed attorney to litigat...


In The News
Article Archives

GCs Brace Themselves for Rate Battles

  DOWNLOAD PDF         EMAIL TO FRIEND
 
  
News In Brief:
Date: 11/24/2008

GCs Brace Themselves for Rate Battles
Rates may go up in 2009, although not as much as in years past. Consultants are predicting a 3 to 5% rate increase for next year, while the usual increase is 5 to 10%. With corporations making cuts in their legal spending, in-house lawyers are attempting to prevent any raise saying companies have been hit too hard with the economics downturn.

GCs Concerned About Mergers
Mergers have some general counsel shaking in their boots, afraid that it will mean higher rates and less options when it comes to legal firms. Another problem merging creates is higher overhead cost and less control over quality results. In attempts to stabilize firms in an unsound economy, merging may increase in the future.

McDermott Will & Emery One of First to Announce Bonuses
McDermott, an international law firm with over 1,100 lawyers, recently publicized their newly adopted bonus payment plan. Rather than using the traditional October time table, associates will receive a portion of their bonus in December and the remaining amount in January. Associates in the class of 2006 and 2007 receive a bonus of $10,000 while 2004 and 2005 associates get a $15,000 bonus and $20,000 for all other associates.


Facebook comments:

  
 

Article ID: 120270

Article Title: GCs Brace Themselves for Rate Battles

Comment not found for this article......
+ Add Comment

 
  • Share this story:


  • BlinkList
  • blogmarks
  • del.icio.us
  • Digg
  • Facebook
  • Google
  • Sphinn
  • MySpace
  • NewsVine
  • Simpy
  • StumbleUpon
  • Technorati
  • E-mail this story to a friend!
  • Print this article!
  • Faves
  • Furl
  • Netvouz
  • Slashdot
  • Spurl
  • Yahoo! Buzz



 
 

Shoot for the moon. Even if you miss it, you will land among the stars.