by Traverse Legal, reviewed by Enrico Schaefer - May 6, 2005 - 'The Greatest' Philosophy, Alternative Billing, The Billable Hour
The alternatives to hourly billing are limited only by your imagination.
Here is an article from Sylvia Hsieh, Lawyers Weekly USA republished at the Missouri Bar Association web site. It lists numerous ways to avoid the current iteration of the hourly billing model.
Be creative! Every client and every matter is different. Make sure your billing model makes sense for your client, and for you.
In one example, a law firm that represented developers decided to calculate its legal fees according to how much it would cost its clients per square foot of property.
As a founding partner of Traverse Legal, PLC, he has more than thirty years of experience as an attorney for both established companies and emerging start-ups. His extensive experience includes navigating technology law matters and complex litigation throughout the United States.
This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by attorney Enrico Schaefer, who has more than 20 years of legal experience as a practicing Business, IP, and Technology Law litigation attorney.
