“This is not your father’s Oldsmobile.”
You may recall that famous advertising slogan from the 1980s. One could use a similar phrase when describing today’s legal marketplace. Changes in billing methods, improvements in technology, a turbulent economy and the globalization of the legal practice have left us with a landscape far different from the one we worked in even a decade ago.
A controversial fee proposal from the Executive Office for U.S. Trustees is receiving a cold reception from bankruptcy lawyers, with some even threatening to leave the practice if the policy is implemented.
Sprint Nextel Corp has entered into a $19 million settlement to resolve a lawsuit by U.S. customers who accused the mobile service provider of improperly charging them for using their cell phones to send pictures.