Companies push law firms to drop 'billable hour'

August 24, 2009 In the recession, some major companies are fighting back against law firms' practice of billing them by the hour.

A survey found an increase of more than 50% this year in corporate spending on alternatives to the traditional hourly-fee model.

San Francisco-based Orrick, Herrington & Sutcliffe LLP has tripled the revenue generated from alternative billing arrangements in the past year.

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