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Obama Administration, Individual States, and Local Legislatures Move Forward on Minimum Wage

Published on July 7, 2014

With Congress deadlocked on the issue, the Obama administration and several states have gone ahead and are raising the minimum wage.  Earlier this year, President Obama signed an executive order raising the minimum wage for federal contractors to $10.10 per hour effective January 1, 2015.  The specifics of the rules, procedures, and enforcement processes of the order will not be released until October of this year. (more…) ...

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Decisions Reveal Priorities In Law Firm Economics

Published on November 13, 2008

We have been discussing law firm economics and employment litigation in a recent series of posts -- here is the most recent.  One theme we have been emphasizing is that law firms are businesses too, and businesses make decisions about pricing and cost management based on certain priorities.  A question we have been raising is, in the context of employment litigation, what are the priorities that clients want to be paying for?  More after the break. (more…) ...

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Are Alternate Billing Arrangements The Answer?

Published on November 11, 2008

Law.com has an article today called "Billing Gets Creative in Souring Economy:  Retainers, flat and 'success' fees in play."  The article discusses the efforts of large corporations to reduce legal expenses with new alternative billing arrangements such as fixed fees, blended rates, fee caps and monthly retainers.  Apparently some corporations have met with success in this effort -- at least if success is measured by lower legal bills. As part of our ongoing discussion about economic issues i...

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More On Law Firm Economics As It Relates To Employment Law

Published on November 6, 2008

In a recent post, I commented on the economy and law firm economics.  An article on Law.com today discusses some of the same pros and cons of hiring super-sized institutional law firms -- Why Law Departments Should Beware Super-Sized Firms.  The author, Rees Morrison, has his own blog on law department management here.  More after the break. (more…) ...

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Economy Impacts Law Firm Economics — Are There Other Alternatives?

Published on October 21, 2008

The Washington Post reported yesterday here that law firms are tightening their belts as clients increasingly demand reductions in legal fees.  As the economy shifts, even old line firms with substantial revenues have failed.  But as we have noted elsewhere, an economic downturn is likely to result in an increase in employment litigation.  Given the conflicting pressures that companies will face, in coming weeks, we plan to comment more on the economics and management of employment litigatio...

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