Alternative Fees: My Experience At Bartlit Beck

Law360, New York (December 15, 2017, 4:35 PM EST) -- Next year will mark the 25th anniversary of the founding of one of the nation’s best known litigation boutique firms, Bartlit Beck Herman Palenchar & Scott LLP. When Fred Bartlit and his co-founders started the firm in October 1993, they committed to escape the hourly billing system. Their innovation was to charge clients a flat monthly fee and add a performance kicker, often by allowing the client to leave part of the monthly fee unpaid until the case was resolved, with payment of the “holdback” to...
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