Contract Attorneys
Howrey Chairman: ‘We Have to Economize for Our Clients’
Posted Oct 20, 2008, 07:39 am CST
By Debra Cassens Weiss
Washington, D.C., law firms aren’t immune from the economic downturn, and they’re taking steps to keep and bring in more business.
Howrey is one of them, the Washington Post reports. Chairman and managing partner Robert Ruyak said the firm took steps to keeps its fees low in response to requests from clients such as Procter & Gamble, Qualcomm and GE Healthcare.
The firm assigned more work to lower-paid staff lawyers and negotiated fixed fees with some clients, the story says. It is also hiring fewer associates in an effort to keep costs low.
"Clearly, we have to economize for our clients," Ruyak said. "This is more important because of the uncertainty."
The newspaper outlines other steps being… Continue reading...
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