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Law Practice Today for July

From the site: "FEATURES: PRACTICE-BASED ALTERNATIVE FEE ARRANGEMENTS

 

The Billable Hour Zombie: Why You Need to Act Now to Avoid an Attack on Your Business

By Jessika M. Ferm

Various factors seriously threaten the traditional hourly billing system--but some easy-to-implement strategies will help you realign.

 

"This Isn't Your Father's Law Firm"--But Maybe It Should Be

By Victor J. Medina

Are you ready for a practical alternative to the "legal services as commodities" trend? Here's an approach that builds a longtime client family.

 

Make Time Work For You: Handling Cases on a Fixed-Fee Basis

By J. Benjamin Stevens

There are multiple reasons why handling cases on a fixed-fee basis is better for both our clients and ourselves.

 

Fixed-Fee Engagements in Litigation Cases: Why and How

By Michael Sherman

Making the argument for why fixed fees are better than hourly billing, along with practical tips for how to make the switch.

 

Client-Directed Billing: Shifts in Who Defines the Value of Legal Services

By Jim Calloway and Mark A. Robertson

More and more, clients are directing how the value of the legal services they use is determined and many of them are looking at alternatives to hourly billing.

 

From Practice to Business: Flat-Fee Relationship Engagements for Transactional Lawyers

By Kevin E. Houchin

Getting beyond the hourly billing trap requires admitting there's a better way--and then acting to implement it."

 

Source: Law Practice Today, July 2010.

Full post as published by Stark County Law Library Blawg on July 19, 2010 (boomark / email).