Editor’s note: this is the first of a two-part series on the billable hour and mid-market firms. The first part looks at whether it provides an advantage for midsize firms or whether they should consider moving away from it. The second part will look at how they can move away from it, and address the topic with clients.

The billable hour gets knocked around, criticized, its death predicted, only to continue on, and while the discussion of doing away with it usually centers on large law firms, it’s a subject mid-market firms need to wrestle with too.

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