This case study highlights the process that the court appointed fee examiner used to sort through over $150 million in legal fees submitted for payment and recommend what was reasonable according to the U.S. Trustee’s Office 2013 guidelines for compensation and reimbursement. Professor Nancy B. Rapoport of the William S. Boyd School of Law at UNLV set out to establish billing standards and efficient processes to determine if fee applicants have satisfied their burden to justify fees and expenses. She enlisted the assistance of Legal Decoder’s legal analytics software platform to help with this daunting task. Click here to download the case study.
Toys ‘R’ Us Bankruptcy Legal Fees Explained
Re-imagining Legal Spend Decisions in an Evolving Industry
For the past decade, the legal industry has been transforming itself. Much of the change has resulted from legal industry disruptors (technological innovations, data analytics tools, and alternative service providers) that have affected the legal service delivery model.
The most forward-thinking legal industry leaders are reimagining how the legal industry’s historic “rate x hours = price” economic model delivers the optimal value.
To read more, click here
Pricing Legal Services Case Study
Pricing legal services is an ongoing topic that more firms are starting to address head on to ensure prices are commensurate with costs. This case study details pricing insights gathered from our data sets using the Pricing Engine. The case study also shows how data analytics can help with your pricing strategies. Download here.