Summary: The recent 2014 Real Rate Report published by Datacert | TyMetrix mark four emerging themes that affect law firm pricing. The report is created analyzing real invoice data and not by a survey. The publishers analyzed more than $16 billion worth of actual law firm...

Law departments are winning the battle over rates with law firms as increases are pegged at half their pre-recession levels, according to Datacert/TyMetrix and CEB.

According to the 2014 Real Rate Report®, rises were 3.7 per cent last year, slightly over half the seven per cent level of...

General counsels are successfully dictating the rates BigLaw charges, preventing firms from raising attorney rates as much as they'd like, according to an analysis of rates and firm practices released this week.

An analysis of more than $16 billion in firm invoices from 2008 and 2013...

Budgeting and forecasting spend for legal matters is nothing new. But in the current environment of economic challenge, there is greater emphasis at many companies on corporate law department budgets. As a result of this increased scrutiny, legal departments are demanding ever more...

Everything you need to know about the world of ‘new law’ models and more from Jordan Furlong

So I was asked to give a presentation about “NewLaw”. No problem at all — aside from the minor, niggling detail of figuring out what “NewLaw” is supposed to be.

Like other terms in vogue...

Hours dropped by 1.3 per cent and fees rose by 1.6 per cent for law firms' corporate clients over 2013, said the LegalView Legal Market Index.

TyMetrix, an electronic billing clearinghouse and data analytics advisory company, based the Index on the purchase of legal services by 70 large...

The “New Normal” – as they say – seems like the old normal when reading articles like the one written by Arik Press where he describes the results of the TyMetrix LegalView Legal Market Index. Fee increases were the greatest for AmLaw 200 firms. At the same time there are some firms who are...