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You are viewing ARCHIVED CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active. Content in this archive is NOT UPDATED, and links may not function.By Stephen Poor
The imminent death of the billable hour has been widely reported for many years. According to the recently released Blickstein Group survey, law department operations experts beg to differ: only 23.9 percent of the respondents believe that the billable hour will be dead in the next five years.
David Cambria, the Global Director of Operations for Law, Compliance and Government Relations at Archer Midlands, provides an insightful introduction in which he discusses law departments’ commitment to new methods of measuring and pricing legal services:
Consider how often we have requested alternative fee arrangements or alternative providers for legal services, claiming that we are open to using them. Yet too often, LDO managers and the law departments we support revert back to old, steadfast ways. We decide it’s too hard to figure out, it’s too risky, it isn’t the right matter or we’re not clear on what qualifies as a win.
Read the complete article at Can Legal Ops Overcome the Persistence of the Billable Hour?