Big numbers to fall at Big Law, says Mike Trotter at panel

Mike Trotter thinks alternative fees, competition, outsourcing will drive leverage down, depress profits

, Daily Report


Law firm chronicler Michael Trotter sketched the rise and decline of big law and predicted that multimillion-dollar compensation for its partners will dwindle. DuPont General Counsel Thomas Sager (above) said alternative fees outweigh hourly billing in his company, and "if a firm gives an outstanding result, it will be handsomely rewarded."

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