3/28/2013: The NYT editorializes about the economic foundation of US law firms, the billable hour:
For partners, billable hours are a key measure of associate and partner productivity. More is better. The resulting culture pushes everyone harder. Meanwhile, each partner strives to maximize individual client billings that he or she controls. Those billings in most cases determine a partner’s annual share of the firm’s profits. Their clients also become tickets to other firms. That makes partners reluctant to share too many important client responsibilities with their associates and fellow partners.
It was prompted by emails like this, released under court order in a legal dispute involving potential overcharges by the Piper law firm:
Piper used to be known as Piper Rudnick. I assume that Rudnick bears no relation to Sharon Rudnick of HLGR, who writes UO bills like this, which President Gottfredson would only release after we paid him $240:
Nothing to see here folks, move along. I do have a public records request in for more recent invoices though.
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