In fact, 95 % of law firms now have
some kind of alternative fee arrangement in place.
Not exact matches
Lest you think that Cravath is stacking the decks against itself with this
kind of advice, Chesler reveals that his firm is «trying more and more to come to
alternative fee arrangements that make the billable hour irrelevant.»
• INHOUSE: Are you looking at
alternative fee arrangements or is this still early days for that
kind of approach?
As a one example, we have begun a
kind of massive download
of PACER information and there are insights in PACER that will allow law firms to do all
kinds of stuff, from pricing
fee agreements, and
alternative legal
fee arrangements, to predicting when their clients are going to have problems before they do, to treat things as a matter
of kind of risk mitigation instead
of litigation after the fact.