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Practice Management

: Leadership for Lawyers

Alternative Fees = Alternative Delivery

By Mark Beese

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Jimandted

The Denver Business Journal quoted me in an article on ACC's Value Challenge and alternative fees,Law field seeks alternatives to billable-hours system.  I'm glad that the reporter got the idea that alternative fees mean changing how firms deliver service:

?The question is which firms are more agile and flexible to come up with fee systems that best meet the needs of their clients,? Beese said. ?It?s not easy; it?s a huge cultural change. And there are questions on how it affects compensation and profitability. If it?s done well, it?s not just a change in how you bill for the service; it?s also how you provide the service.?

Full post as published by Leadership for Lawyers on April 17, 2009 (boomark / email).

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