Tying Outside Legal Costs to Value

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The most important trend in the legal industry is connecting a client's value of a matter to the fees charged by law firms. Corporate counsel have become the market makers and change agents and are requiring firms to become efficient and effective providers of services. This article addresses the issues leading away from the billable hour and toward the alternative fee arrangement.

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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.

© Pamela Woldow, Edge International | Attorney Advertising

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