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Firms May Want Billable-Hour Minimums, but Clients Don't
Rees Morrison has some succinct advice for clients that retain law firms with 2,000 minimum billable-hour requirements: Don't do it! Morrison cites a 2005 study showing that 24 percent of New York firms, 38 percent of Chicago firms and a whopping 57 percent of Miami firms have minimum billable requirements of 2,000 hours. And guess how lawyers are meeting those requirements? In many instances, by padding bills to large corporate clients.
Posted by Carolyn Elefant on November 3, 2006 at 04:14 PM | Permalink
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