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TIME TO STOP THE CLOCK?

Authors :
Intini, John
Source :
Maclean's. 2/25/2008, Vol. 121 Issue 7, p46-47. 2p. 1 Color Photograph.
Publication Year :
2008

Abstract

The article reports on the fees charged by lawyers and law firms. In 2007 some lawyers in New York City reached US$16.67 a minute fees, or US$1,000 an hour. Lorne Sossin, a law professor at the University of Toronto, says clients and corporations are starting to get fed up with these high rates. Valorem, a law firm in Chicago, Illinois, offers contingency fees and fixed fees rather than the usual hourly rates.

Details

Language :
English
ISSN :
00249262
Volume :
121
Issue :
7
Database :
Academic Search Index
Journal :
Maclean's
Publication Type :
Periodical
Accession number :
30045062