Jordan, Gretzky, Ruth and the Billable Hour

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The long-predicted demise of the billable hour has yet to occur, and it's clear that one of the reasons has its roots in classic economic theory, with a sprinkle of sports legends thrown in for good measure.

Kevin Colangelo of Yuson & Irvine examines why the billable hour remains the standard-bearer for pricing legal services, and how clients and their lawyers can balance this with the increased need for value-based billing.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Kevin E. Colangelo, Yuson & Irvine LLC | Attorney Advertising

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