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Business Impact of Hourly Rates on Corporate Clients
by An Trotter
The Buying Legal Council conference (Sept. 30–Oct. 1) once again packed a lot into a short program. Although I couldn’t attend all of day one, the ...
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Big Law's Poor Collection Hygiene
by An Trotter
Typical to the law profession, yesterday's Law.com article "Big Law's Collections Practices Are Leaking Major Revenue" (by Ryan Harroff 8/19/25) st...
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Law Firm Rates Circa 2023
by An Trotter
Note: The views here are my own and most decidedly do not reflect the view of my employer or its Rate Review Committee.
The graphic displays profit...
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Rate Review Season and Legal Procurement
by An Trotter
Looking forward to the jam-packed Buying Legal Council Conference in NYC on October 19th. Focus topics include data analytics, law firm rates and...
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Budget Season
by An Trotter
A few weeks ago, I participated in a terrific CLOC NY Area Huddle, "Budgeting for Legal Ops Professionals." Organized by Chapter Leads Stacy Lettie...
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Rate Cards - On Anchor Pricing, Perceptual Contrast and Reciprocal Concession
by An Trotter
For a long while, I have contextualized a law firm's rate cards from a perspective best described as game theory meets Br'er Rabbit. The firm's ra...
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Vendor Management - AFA Timekeeper Mechanics (Rates)
by An Trotter
Recently, several inquiries have focused on the mechanics of managing non-hourly timekeepers in a company's electronic billing system.
While it is ...
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Law Department Budgets - Internal Benchmarks for External Service Providers
by An Trotter
While external benchmarks can be helpful in evaluating legal service provider rates, there is no better benchmark than what you pay your own legal ...
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