Wake Up Call: Insurance Carriers Pressure Firms to Lower Rates

In today’s column, a Freshfields corporate partner drew up post-Brexit recommendations for the UK Treasury; Biden administration regulatory reviews are delaying private equity deals; a Georgia gaming company accused Eckert Seamans of “double-dealing.”

• Leading off, insurance carriers, which are sophisticated users of data for reducing outside legal spending, are continuously pressuring defense firms to cut their legal fees. They want firms to make greater use of alternate fee arrangements and to give work to paralegals, billed at lower rates, among other changes. (American Lawyer)
• UK government ministers are considering recommendations for post-Brexit reforms drawn up by Freshfields Bruckhaus ...