For years, the in-house legal team at Volkswagen Group of America, Inc. (VWGoA) used a manual, time-consuming approach to review law firm rate increase requests. Law firms would email proposals to ...

Then, I divide $570 by 45 hours to find my average rate, which is $12.67. Calculating Overtime for Tipped Employees. Tipped employees have a different calculation for overtime.

This varies by state, but in California the rate of overtime by is one and a half times the regular rate. Using this example, 1.5 multiplied by $180 gives $270. Subtract the result obtained in ...

"Am Law 50 rate increases were incredibly strong." At the end of the day, the "raise rates" lever in the Big Law boardroom is just bigger than it is at midsize firms. But should it be?

Essentially, usury laws are interest rate laws. There is no federal law that sets maximum interest rates on all consumer loans; rather, rates are restricted at the state level.

Big Law boosted its realization by an average of 2.1% last year, according to the latest analysis by Citi Private Bank Law Firm Group. That growth rate is unique.