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: Legal Blog Watch

BigLaw Partner Doesn't Know His Own Billing Rate

By Eric Lipman

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Humorous anecdotes coming from in-house counsel that touch on the arrogance and general cluelessness of law firm partners are always a winner. Though he exercises discretion and doesn't name names, Pete Dosik at the In-House Blawg posted a warning to his colleagues about a sure sign that a big bill is likely coming from outside counsel. Dosik, who describes himself as "Deputy General Counsel of a global quick service restaurant chain" (the Internets inform me said chain is Church's Chicken), looking to get a handle on legal costs, as any good in-house lawyer knows he must, put in a call to a partner at a BigLaw firm working on a project for the company. Dosik was apparently not all that familiar with the partner, since the law firm in question came into the picture only last year when Church's was sold to a new private equity firm. Dosik had a pretty simple question -- how much do you charge per hour? Per Dosik, "He said he wasn't sure. I asked him to get back to me, but I never got an answer." Doesn't know his own hourly rate? Whatever does this guy brag about during intermission at the opera? Not...

Full post as published by Legal Blog Watch on May 04, 2010 (boomark / email).