Magic circle duo Clifford Chance (CC) and Allen & Overy (A&O) are looking at new billing options for litigation as core clients come under increasing pressure to reduce legal spend. CC has been in talks with clients over the last six months about options for taking on blocks of litigation - looking at alternative pricing arrangements to hourly rates in order to help clients meet intense budgetary pressures.
April 02, 2009 at 05:03 AM
1 minute read
The original version of this story was published on Legalweek
Magic circle duo get creative on litigation pricing as banks fear disputes
Magic circle duo Clifford Chance (CC) and Allen & Overy (A&O) are looking at new billing options for litigation as core clients come under increasing pressure to reduce legal spend.
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