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Several law department leaders who spoke at the CLOC Global Institute event derided the billable hour and pushed for alternative fee structures.
May 10, 2021 at 05:29 PM
Lawyer Rates and Arrangements
1 minute read
The original version of this story was published on Corporate Counsel
Corporate legal department leaders want to see an end to the billable hour.
That was the main message from several in-house leaders who spoke on a panel discussion during the Corporate Legal Operations Consortium’s Global Institute on Monday. While the lawyers spoke about the challenges of getting law firms away from the billable hour, they also outlined how they’ve achieved successful alternative fee arrangements with law firms.
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