Discussing creative billing alternatives that let lawyers and law firms move away from the billable hour and increase client value.
For most of my career as a patent litigator, I have observed or participated in discussions about doing away with the billable hour. It is a law firm lawyer’s dream. When our colleagues go in-house and we ask how things are on the other side, often time the first response is, “I no longer have to record my day in six minute increments and I love that!” When I hear such gloating, I am envious.
Reposted with permission from Intellectual Property Magazine
