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Below is a sampling of firms that provided information about the alternative billing methods they use most often. We asked firms to differentiate between variations on the billable hour (discounted hourly rates and blended hourly rates) and true alternatives to the billable hour. The percentages denote estimated portions of the firms’ revenues obtained through each category. They are followed by the billing methods that the firms use within those categories. Arent Fox.Variations: less than 5%-discounted rate, blended rate. Alternatives: less than 5%-fixed or flat fee, contingency fee, hybrid fee. Armstrong Teasdale.Variations: 18%-discounted rate, blended rate. Alternatives: 20%-fixed or flat fee, contingency fee, hybrid fee, retrospective fee based on value. Burr & Forman.Variations: 25%-discounted rate, blended rate. Alternatives: 10%-fixed or flat fee, contingency fee, hybrid fee, retrospective fee based on value. Butzel Long.Variations: 20%-discounted rate, blended rate, premium rate based on type of work, rate by category. Alternatives: 10%-fixed or flat fee, contingency fee, hybrid fee, retrospective fee based on value. Covington & Burling.Variations: 20%-discounted rate, blended rate. Alternatives: 5%-fixed or flat fee, contingency fee, hybrid fee, retrospective fee based on value. Day, Berry & Howard.Variations-77.3%-discounted rate, blended rate. Alternatives: 22.7%-fixed or flat fee, contingency fee, hybrid fee, retrospective fee based on value. Dorsey & Whitney.Variations: 5%-discounted rate, blended rate. Alternatives: 15%-fixed or flat fee, contingency fee, hybrid fee. Dykema Gossett.Variations 85%-discounted rate, blended rate. Alternatives: 15%-fixed or flat fee, contingency fee, hybrid fee. Fowler White Boggs Banker.Variations: 10%-discounted rate, blended rate. Alternatives: 5%-fixed or flat fee, contingency fee, hybrid fee, retrospective fee based on value. Holme Roberts & Owen.Variations: 10%-discounted rate, blended rate. Alternatives: 3%-fixed or flat fee, contingency fee, hybrid fee, retrospective fee based on value. Jenner & Block.Variations: 42%-discounted rate, blended rate. Alternatives: 2%-fixed or flat fee, contingency fee, hybrid fee.
The Numbers

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