Summary
(This article was originally published in Massachusetts Lawyers Weekly, another Dolan Media publication).
Legal fees were traditionally based not only on the lawyer's time spent, but also the nature of the service, the result achieved and the amount at stake. Charging an appropriate legal fee was a matter of professional judgment.See the full content of this document
Extract
Commentary: What's Your Price? Billing Alternatives Beyond Hourly
In the mid-1960s, when clients began demanding detailed billing statements, lawyers turned to time records as a management tool. Today, most lawyers (like most laborers) are p...
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