Firms report using alternatives to billable hour
Below is a listing of the law firms that provided information about the alternative billing methods that they use most often.
We asked firms to differentiate between variations on the traditional billable hour (discounted and blended hourly rates, for example) and true alternatives to the billable hour (such as fixed or flat fees, contingency fees, hybrid fees and retrospective fees based on value).
The percentages given below denote the estimated portions of the firms' revenues obtained through each of these two categories.
The percentages are followed by the billing methods that the firms reported using within the two categories. The number given after each firm's name indicates its total number of attorneys.
The firms provided the information in response to The National Law Journal's 2008 survey of the nation's 250 largest law firms. This list includes firms that were not among the NLJ 250.
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