The GC's (Irrational?) Fear of Alternative Fee Arrangements

, Corporate Counsel


A recent survey suggests that the main reason general counsel and their legal departments cling to the billable hour is because it's familiar.

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Originally appeared in print as Fear of Alternative Fees

What's being said

  • Lulaine

    Alternative fees is the wave of the future. Lawyers are finally seeing the outsourcing and everything that comes with it affect their industry. Alternative fees are the answer for many companies who see a strong recession with a tepid recovery. It's perfectly logical that companies would look to reduce their expenses and legal expenses are arguably a large percentage of expenses.

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