Blog

We’re not paying for that. It’s 2016 and BigLaw firm Cravath, Swaine & Moore has decided to increase the salaries of their first-year associates from $160,000 to $180,000. Eighth-year associate salaries were increased to $315,000. What caused this? Cravath associates brought the issue of base salaries up at a town

How do you transition from the compensation model you have now, to a compensation model that’s best for your firm? What are the specific implementation steps you’ll need to follow to ensure the transition is a success? It starts with understanding. A successful compensation model transition isn’t accidental Many large

Is compensation a problem? Jordan Furlong, international legal analyst at Law21 feels compensation, specifically lawyer compensation systems, are hurting firms. Is he right? When you hear what he has to say it certainly seems like he’s on to something. Are lawyers incentivized to work against their firms? Here’s what Furlong

The Hapke Law Office is focused on one thing — Environmental law. Peter Hapke is the firm’s owner and sole employee. He runs his successful virtual law firm out of his home. He has low overhead, which means that as an experienced lawyer, he can offer very competitive billing rates

Firms are starved for value. If you’re like most legal professionals, you’re hunting for value (especially when you attend legal conferences). The definition of value varies from professional to professional, but the expectation is still there. You need results. Maybe you’re looking for a way to automate repetitive functions in

The Bill4Time product team releases new and enhanced features, system improvements, and bug fixes several times per week. Organized by month, the Release Notes blog series will highlight all the changes we’ve implemented, so you can easily stay up-to-date on what’s new. If you have a question, feedback, or an idea – please