The billable hour has been the cornerstone of legal billing for decades, but is its reign finally coming to an end? Clients are demanding more transparency and predictability

In my practice area, I've seen a growing interest in alternative fee arrangements like flat fees, capped fees, and even success fees. But are these alternatives truly gaining traction, or are they just a niche trend?

What are you seeing in your practice? Are clients actively seeking out alternative billing models? Have you successfully implemented any of these arrangements, and what lessons have you learned along the way?

smart
Posting as :
works at
You are currently posting as works at

The billable hour is an archaic and inefficient model that needs to be abolished. It incentivizes inefficiency, discourages innovation, and creates an adversarial relationship between lawyers and clients. I've fully embraced alternative fee arrangements in my practice, offering flat fees, subscription-based services, and even success fees in certain cases. It's a win-win for both clients and lawyers, promoting transparency, predictability, and a focus on delivering value. The future of legal billing is here, and those who cling to the billable hour will be left behind.

like

Flat fees are in vogue.

like

Related Posts

I love going to karaokes but none of my LA friends are into singing in semi-public settings. Want to start a bi-monthly bar hopping then karaoke lounge thing lol. Who’s interested?

like

I have a handful of weddings/events this summer and I was thinking of being bolder with my outfits. Not full on seersucker suits, but maybe bolder shirt/tie combos? What’s your go to summer wedding attire?

like

Things to do in Providence Rhode island? Will be there for a day

like

Any ideas of things to do with the family for Thanksgiving?

like

Hey all, 4 YoE strategy consultant looking for some exit options. Looking to jump ship from consulting into something in the life sciences field, but not particularly interested in working for big pharma. Does anyone have any suggestions?

like

My boyfriend and I are moving from Chicago and are seriously struggling to find a place in Silver Lake or Los Feliz. It seems like there just isn’t anything available. Can anyone help? We’ve check Zillow, Craigslist and even Facebook Market Place daily.

like

Summer Intern downtown, where should I live??

like

There is a reason all sane people are talking the same way.

Post Photo
likesmart
like

Hi,

Any idea about the C&SP department in comcast? working culture, WLB and all..

I was selected in Comcast for a developer role.. Will Comcast provide work from home?

so if anyone knows about that please share your thoughts.

like

Hi All
Can anyone refer me. I have 2.4 years of experience in both manual and automation testing.
Thank you

Hi,
Quick question: Do you think is it fine to be asked for preparing an outline for marketing plan as an assessment test so, employer decide if you will be the right fit for position ?

likesmarthelpfuluplifting

I’m curious about the enlisted versus officer ratio as well...here’s a way to better survey the group. “Like” your respective group below.

Any advice with anxiety before calls/door pulling? Never happened before but it’s crippling now.

likehelpful

Can schools see I canceled a score? Is it frowned upon at M7/ Top 20?

like

May as well spend more time beating the meat while stuck at home. Any paid/premium porn site recommendations (no links).

funnylike

Should I take Data Science Sr Analyst role at Accenture? Are projects and growth rate good at Accenture?
Please someone suggest.

like

Getting lonely in NYC! Trying to meet some fun and interesting women. DM me. 34 M🐠 here

like

Does anyone ever feel any insecurity about how they compare to their partner? Eg partner is smarter, hotter, more outgoing, etc

like

Is it a red flag when a recruiter talks about unrealistic benefits like getting a chance to fly to another state just to visit the client HQ all expense-free? Or is it really a thing? Let me know if you have experience like this.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal