Corporate & Securities Law

The Business Press and the Billable Hour

By John Wallbillich

Portfolio magazine takes a look at our favorite issue of the last hundred years.

Unlike many online pieces, it has a good number of links to other sources and material. Some of the mainstream borrows without such helpful attribution. (And the article mentions, among other new-thinking firms, Eversheds and Valorem Law Group; but it seems to have missed Tucker Ellis & West).

We do know, of course, that the billable hour will be with us in some form long after our children retire. So the “time is running out” title is a bit premature. And as far as the article’s neat graphic is concerned, there’s not enough sand in the world to fill that hourglass.

But related issues, such as the curious PEP fixations and escalating cost structures of major law firms, still seem to fly under the radar unscathed.

[editor’s note: For a seminar series that’s looking at these broader issues, see the post below…]

Full post as published by The Wired GC on July 14, 2008 (boomark / email).