Alternative Billing – What’s the Big Deal?
A lot of lawyers and consultants out there have built profiles and reputations as “innovators” by promoting alternative billing as the answer to much of what ails the legal profession. I’m confused about what is so ground breaking.
Everyone seems to love to hate hourly billing these days. People argue that hourly billing values quantity over quality and repetition over creativity. Perhaps. But it also endures for good reason. It is simple to administer and easy to understand. Further, the marketplace corrects pricing irregularities and rewards efficiency. A law firm which can provide quality and creative solutions at a more . . . [more]
