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Perspective

Oct. 11, 2013

One alternative fee arrangement you'd do best to avoid

It turns out that stars really must align in order for a billed hour to ripen into a collected greenback. By Alex Craigie


By Alex Craigie


Lawyers, on the whole, make pretty poor business owners. Ask any MBA graduate or marketing guru. I never gave this a second thought during my first decade of practice, when I was too busy wondering why I wasn't earning as much as some of my classmates (while admittedly earning more than others) to think about the bottom line. It turns out, however, that stars really must align in order for a billed hour to ripen into a collected greenback. A c...

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