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Corporate Governance

: The Datakos Blawg

Pressure Mounts as More Corporate Clients Favor Flat Rates over Billing by the Hour

By Rick Wolf

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We have heard the battle cry before, and the wires are abuzz again about having law firms abandon the billable hour, according to Slate. Though few companies openly discuss alternative billing arrangements, there is ample evidence to show that alternative billing is overwhelmingly favored over the hourly rate model. Companies favor flat fees and discounts for volume legal work to control costs [...]

Full post as published by The Datakos Blawg on January 04, 2008 (boomark / email).

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