Blended Fees May Be On Their Way Out

Law360, New York (June 17, 2010, 2:32 PM EDT) -- As other alternative billing arrangements gain in popularity, blended fees are coming under attack because they don't allow law firms to share in the risk, one of the main selling points of alternative fee arrangements, according to legal experts.

Though blended fees, where a law firm averages, or “blends,” the billing rates of every attorney who will be working on a matter, have been a litigation mainstay in the past, both clients and firms alike are wondering whether this is the right billing route to take...
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