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: Delaware Corporate and Commercial Litigation BlogDeath of the Billable Hour for Law Firms?
By Francis G. X. Pileggi, Esq.
Professor Larry Ribstein, a leading scholar on the "law and economics of law firms", discusses here the front page article in today's Wall Street Journal that predicts a decline in the prevailing practice of lawyers billing by the hour, and the good professor also provides his own analysis of the issues involved in this challenge (spearheaded by larger public companies) to the economic model of most large law firms.
Full post as published by Delaware Corporate and Commercial Litigation Blog on August 24, 2009 (boomark / email).
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