29.05.12 16:46 Age: 12 yrs
LEHMAN, LEE & XU China & Mongolian Lawyers Master Class for China & Mongolian: General Counsel, China and Mongolian In-House Counsel, China and Mongolian IP Patent Counsel, China and Mongolian Trademark Counsel, and Chinese Law Firms
If your China based company uses global or US-based law firms for litigation or transactional work, you need to attend our free China & Mongolian Master Class on on USA law firm billing.
According to the American Bar Association in the United States,most legal bills contain 10 to 30 percent "padded" billable hours – that is, time for which the client is charged but the lawyer never worked. In fact, studies show that the average partner at a US-based law firm overbills clients between$150,000 and $400,000 in a single year!
LEHMAN, LEE & XU a law firm based in Mongolia and in China has many local clients. More and More, these LEHMAN, LEE & XU clients are shocked at the price of hiring U.S based law firms. China based and Mongolian based, non-US clients are especially disadvantaged, since they are often unfamiliar with the various American legal systems and have no way of knowing whether hourly charges are legitimate, inflated, or even entirely fraudulent. And when more than two-thirds of lawyers in the United States say that their law firms fraudulently overbill clients, it's vital that China and Mongolian based clients not only understand how their bills are US Legal bills are inflated, but also possess the knowledge and tools to detect and eliminate billable hour inflation.
That's why you need to attend our FREE LEHMAN, LEE & XU Master Class on 30 May 2012 where Edward Lehman, Managing director of LEHMAN, LEE & XU China and Mongolian Lawyers tell you ten things you need to know about law firm billing. You'll learn how your China and Mongolian based company can reduce its monthly legal bills by twenty percent, thirty percent or more. We'll also identify – by name – more than two dozen of the world's largest, most-respected law firms, all of whom have been caught overbilling clients. Find out if your high-priced law firms are on that list.
LEHMAN, LEE & XU China and Mongolian lawyers are committed to help China and Mongolian clients of all sizes identify, eliminate and prevent billable hour inflation and law firm overbilling. Our managing director Edward Lehman will present the Master class in Chinese and English, he has been resident in Asia for 25 years, has worked with Mongolian and Chinese companies on China and US issues, including China State Owned Enterprises, and corporate clients in China and Mongolia. Thus, LEHMAN, LEE & XU China and Mongolian Lawyers are uniquely qualified to fight all types of billable hour inflation, and to help international clients effectively manage their US-based lawyers and litigation.
Date: mat 30th
Time: 8.30am to 10.30am (breakfast served)
Speaker: Edward Lehman, Legal Affairs Commentator China Central Television, Managing Director LEHMAN, LEE & XU China and Mongolian Lawyers for 20 years elehman@lehmanlaw.com
Place: China Ministry of Foreign Affairs Liangmaqiao Diplomatic Compound, LEHMAN, LEE & XU Building, 22 Dong Fang Dong Lu, Beijing 100600 China
For reservations contact Claire Yao administrator, LEHMAN, LEE & XU at cyao@lehmanlaw.com
For more information on LEHMAN, LEE & XU China see www.lehmanlaw.com
For more information on LEHMAN, LEE & XU Mongolia see www.lehmanlaw.mn