Insights

Brussels and Doha – April 1, 2024: The Legal 500 Europe, Middle East & Africa (EMEA) 2024 edition has recognized 16 practice areas and 11 lawyers in Crowell & Moring’s Brussels and Doha offices. The 11 individual lawyers received 18 total rankings across the 16 different practice areas.

London – June 9, 2022: Crowell & Moring is strengthening its London corporate practice with the addition of Dr. David Ramm, who brings more than two decades of experience handling private equity, venture capital, cross-border mergers and acquisitions, and commercial transactions in the technology sector.

London – May 5, 2021: Peter Broadhurst, a highly regarded competition lawyer, is joining Crowell & Moring’s London office as a partner, expanding the firm’s capability to advise clients on their most complex U.K. and EU competition matters.

Since the economic downturn in 2008, the legal market has been in a constant state of change. Companies are demanding budget predictability, shared risk and reward, improved efficiency, more transparency, and a new way to define value, and law firms have rushed to respond. Firms cannot rely on the billable hour as they once did. This development has led to the rise of Pricing Departments whose job it is to manage value-based billing arrangements, profitability, and legal project management. Law firms and in-house counsel need to understand each type of alternative fee arrangement, its strengths and weaknesses, how to accurately scope and budget an engagement, and how to manage it once it has begun.