WSJ Says Billable Hours Under Attack – Hourly Rate Vs. Retainer Work
There was a piece in today’s WSJ (sorry, no link since you have to be a subscriber) about hourly vs. retainer based models for law firms.
Great piece. Whenever possible, we tend to go with an hourly structure, but with a plan in place, so the client knows what the bills will be in advance and when they’ll be coming.
Why? Read more on our site here.