Holland & Knight made headlines for all but eliminating the billable hour for its lobbying clients in January 2012 in favor of the retainer. More than a year later, that all-in approach has been all but ignored by the larger law firm government-affairs practices in Washington.

Leaders at lobbying powerhouses Akin Gump Strauss Hauer & Feld, Covington & Burling and Hogan Lovells continue to view the billable hour as an important tool. W. Michael House, director of Hogan's legislative group, said it would be "foolish" not to promote both billable hours and retainers for lobbying clients. "If you have a firm with a very large regulatory practice like we do, you have to offer both," he said.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]