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Articles Posted in Incentives Governing Legal Services

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Reports to the Contrary, the Legal Profession Remains Firmly Committed to the Billable Hour: A Recent & Prominent Case in Point

Lawyers have long engaged in loose and hopeful speculation that law firms will stop basing their charges on the time it takes attorneys to do their work, and that corporate clients will soon be able to pay legal fees based on a pre-agreed value of attorneys’ services. For instance, a…

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