Decisions by corporate law departments to seek to pay outside counsel by an arrangement other than the standard billable hour; may include blended fees, flat fees, or other agreement.
Why corporate counsel are exasperated when outside counsel won't provide budget estimates
...A report released Thursday by ...
...many ongoing matters at one time that are done on a capped-fee basis, so a new matter should be priced in a different way...
Originally Published: The Legal Intelligencer
A new database from TyMetrix Inc. shows that while total litigation numbers from 2010 to 2012 are up, total legal spend actually dipped in 2012
Originally Published: Corporate Counsel
Tom Baldwin, chief knowledge officer at Reed Smith, discusses using technology to predict and control costs to help answer clients' business needs
The first thing many lawyers think of when someone starts talking about a virtual firm is bathrobes. But regardless of whether going work in pajamas or a suit, Ridgefield, Conn.-based senior counsel
...briefs and trial memos. Add to that the growing trend for alternative fee arrangements, which often calls for flat rates for specific services, with the...
Many law firms purport to know how much time was required to accomplish a specific task and how much the client owes the firm for that work. Trust, but verify their accuracy, writes Kia Motors in-hou
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