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Expert Analysis

2 Routes To Hourly Rates For Lawyers

Law360, New York (April 15, 2015, 4:43 PM EDT) -- A well-known problem with the hourly fee is that it may in some cases reward inefficient lawyers and create a misalignment between counsel and client. For years, some observers have argued that the hourly rate will die out and be replaced by alternative fee arrangements. This has not happened....

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