Billable Hour Leaves Firms Vulnerable To Attack

Law360, New York (May 1, 2009, 12:00 AM EDT) -- Some clients, more leery than ever of being overcharged, have taken to the courts recently and launched overbilling suits against major law firms. But legal experts differ as to whether more firms will be targeted overall.

Last month, a Swedish heiress sued Proskauer Rose for nearly $9 million, alleging that the firm manipulated its billing practices to overcharge her by millions in a case over a Andy Warhol silkscreen.

In the complaint, Kerstin Lindholm included a memo purportedly penned by a Proskauer associate, suggesting that the...
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