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Law Practice

Aug. 14, 2008

Slowed Economy Has Corporations Looking Closer at Legal Bills

Firms don’t like to talk about it, but disputes over legal bills have risen sharply in recent months.

By Devan McClaine
Daily Journal Staff Writer
This article appears on Page 1

      SAN FRANCISCO - Despite the economic downturn, elite law firms are shelling out $160,000 annually to first-year associates and some partners are billing as much as $1,000 an hour. So what happens when corporate clients must balance shrinking budgets and costly legal fees?
      "We've had a lot of push b...

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