The Death of the Billable Hour: How Legal Departments Are Embracing Scope-Based Pricing
Source: Above the Law The billable hour is under siege. As legal departments demand more value and predictability from outside counsel, scope-based pricing is quietly revolutionizing how legal services are bought and sold. The Problem with Hourly Billing Hourly billing for ongoing Advice & Counsel work creates what amounts to an “open checkbook” system. It […]