Companies want lawyers to kill the billable hour
Company lawyers are increasingly innovating and want law firms to kill outdated time-based billing models, according to an extensive biennial survey highlighting the pressures of a "buyer's market" forcing firms to change. The...
Beyond the Billable Hour: A Practical Guide to Alternative Fee Arrangements
Discover how offering alternative fee arrangements complement your client service and benefit your bottom line. The billable hour is inefficient and prone to abuse…and...
Welcome to Dumb & Dumber LLP
If you rely on hourly billing, you might as well go ahead and change your firm’s name to Dumb & Dumber LLP. So says...
Is the Billable Hour Obsolete?
It has been criticized as inefficient, needlessly punitive, and susceptible to abuse. Law students are warned about it. Attorneys have called for its death...
7 Steps to Fixing Your Legal Billing Problem
Instead of immediately trying to get your firm to Level Five proficiency with billing, concentrate on advancing one level at a time. Establishing good...
How Legal Billing Practices Can Differentiate Your Firm
Time and billing is, conceptually, the direct conduit between the legal work being performed and the client. As such, the time and billing function...
Which Law Firm Wins the Business?
Let's say, a business needs some assistance prosecuting a simple trademark application, she will likely search for qualified lawyers to work with. Assume she’s...
Your Legal Billing Problem Needs to be Solved Yesterday
The future for the uninformed law firm looks bleak not just on the competitive landscape. The nature of revenue growth is in jeopardy. Historically,...
Legal Billing: The Five Levels of Success
We’ve taken observations from thousands of law firms, extracted some criteria, and constructed a simple scale of billing effectiveness. Typically, we see law firms...
How Bad is Your Legal Billing Problem?
Over the past six years we’ve worked with thousands of law firms. These firms vary widely in terms of size, practice area, and geographic...
