Law Firm Brass Say Clients Won't Let The Billable Hour Die

Law360 (November 29, 2018, 3:04 PM EST) -- The billable hour is not on its way out any time soon and that, some law firm leaders say, is largely due to the preferences of corporate clients that in many cases prefer hourly billing to alternative fee arrangements when paying for outside counsel.

During a series of interviews with law firm leaders conducted during the second half of 2018, Law360 posed the question, "Should the legal industry do away with the billable hour?" In many cases top brass at law firms responded that although it might be nice, it's not likely to happen. And even if they wanted it to...

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