Half of all corporates prefer fixed fees when it comes to law firm billing, according to a Legal Week study of client satisfaction among in-house lawyers. Legal Week Intelligence's Client Satisfaction Report, which surveyed 1,204 companies, found 50% favouring fixed fees, with 11% of respondents preferring hourly billing to other methods, while a quarter said they prefer capped hourly rates.
December 06, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Half of all corporates prefer fixed fees when it comes to law firm billing, according to a Legal Week study of client satisfaction among in-house lawyers.
Legal Week Intelligence’s Client Satisfaction Report, which surveyed 1,204 companies, found 50% favouring fixed fees, with 11% of respondents preferring hourly billing to other methods, while a quarter said they prefer capped hourly rates.
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