Law.com Home Newswire LawJobs CLE Center LawCatalog Our Sites Advertise
Alternatives to the Billable Hour

Below is a sampling of firms that provided information about the alternative billing methods they use most often. The percentages denote estimated portions of the firms' revenues obtained through such methods.

Firm Revenue from Alternative Billing
Akin, Gump, Strauss, Hauer & Feld less than 1%—value billing
Arent Fox Kintner Plotkin & Kahn less than 5%—fixed fee, flat fee
Cozen O'Connor 28%—contingency fee, fixed fee, premium billing
Duane Morris 5% or less—fixed fee
Holland & Knight 20%—blended rate, contingency fee, fixed fee, value billing
Lane Powell Spears Lubersky 5%—value billing
Marshall, Dennehey, Warner, Coleman & Goggin 15%—value billing
McCarter & English 12%-15%—contingency fee, fixed fee, value billing
Michael Best & Friedrich 9%—flat rate, retainer, value billing
Miller Nash 3%—value billing
Patton Boggs 15%—capped fee, monthly retainer, success fee
Pepper Hamilton 3%—full contingency fee, partial contingency fee, fixed fee
Reed Smith 10%—value billing
Saul Ewing 10%—fixed fee, contingency fee
Strasburger & Price 0.15%—contingency fee, flat fee, value billing, task-based billing, fixed rate and blended rate
(The National Law Journal, December 2002)

• About ALM • About law.com • Privacy Policy • Terms & Conditions