Alternative Fee Arrangements Continue to Grow

Is your law department using alternative fee arrangements?

With apologies to Mark Twain for the butchered paraphrase: Reports of the billable hour’s death have been greatly exaggerated. But fixed fees and other alternative billing arrangements are indeed slowly eroding hourly billing’s dominion over the $100 billion global corporate legal market.

[via: Watch Out, Billable Hour: Alternative Fee Arrangements Continue to Grow at the WSJ Law Blog]

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