Seeking Biglaw Billables: $1,150/Hour OBO!
In this day and age, even Biglaw bills can be discounted.
[Think of hourly fees] as the equivalent of a sticker on the car at a dealership. It’s the beginning of a negotiation…. Law firms think they are setting the rates, but clients are the ones determining what they’re going to pay.
— Ward Bower, a principal at the legal consultancy Altman Weil, commenting on the ever-growing price tag for the Biglaw billable hour — and the deep discounts that are available to clients who simply refuse to pay full freight.
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Please help us benchmark your firm against your peers through this (always) brief and anonymous survey and enter for a chance to win a $250…