By now, virtually every lawyer has heard of the term "alternative billing." But did you know that alternative billing has become an irreversible trend among the largest law firms, including many of the AmLaw 100 firms? Jim Hassett of LegalBizDev.com just completed a survey of 37 of the AmLaw 100 firms regarding alternative billing. You may be surprised at the results....
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"In the long run, the use of alternative fees will grow only if
arrangements can be structured in a sustainable way that makes business
sense for both sides. This book analyzes a variety of opinions about
what works for alternative fees, and what does not, based on interviews
with senior decision makers from 37 AmLaw 100 firms."
For more information on the LegalBizDev Survey of Alternative Fees, or to purchase a copy, visit their web page.
Want more information about alternative billing? Check out Jim's alternative billing posts here.
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