Kommt das Ende der billable hour bald?
am 20.05.2008 von Jurabilis
Charging by the houror in six-minute blockswas originally meant to improve transparency. The problem, says Hugh Totten, a member with Valorem (latin for value), a new Chicago-based law firm that offers clients contingency fees (payable only if the result is favourable) and fixed fees, is that the billable hour creates an incentive for endless litigation and for a complete lack of efficiency.
This critical refrain isnt new. In a 2002 report, the American Bar Associations commission on billable hours blamed hourly quotas for driving young lawyers from the profession (an estimated 45 per cent of lawyers quit law by their third year), and for leaving little time for pro bono work. The commission identified several alternatives. While many private law firms provide options to favoured clients, most lawyers still work on the clock (91 per cent of …
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Bonn Blawg / the [non]billable hour Ein sehr guter law blog für Anwälte. Abrechnung, Zeit, Marketing. Und derzeit eine schöne Reihe mit Vorsätzen für Anwälte. So, wenn ich die denn auch noch umsetze...…
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Jurabilis / Dear Mr. Schaeffer: This is a question about billable hours. Recently, I switched law firms. At the old firm, we billed in 6-minute increments, meaning that if I worked for 8 minutes on a case, I was supposed to round up to 12 minutes. Since each…
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LawBlog / Wie man als Anwalt den halben Tag Weblogs liest und trotzdem genug Stunden abrechnet: Dear Mr. Schaeffer: This is a question about billable hours. Recently, I switched law firms. At the old firm, we billed in 6-minute increments, meaning that if I wo…
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Vertretbar Weblawg / Über What About Clients? bin ich auf den Beitrag If You Don’t Discuss Value, Expect to Discuss Hours gestoßen: Because you aren’t discussing value up-front with [customers]. Mostly because firms haven’t taken the time to understan…
Billing 3200 Hours A Year
Jurabilis / Das WSJ Law Blog berichtete, dass ...[...] Eliot Spitzers wife, an Skadden Arps associate in the 1980s, routinely billed about 3,200 hours a year.Nun fragt man die Leser, ob ein solcher Wert realistisch erreichbar sei (das sind 8,7h/Kalendertag).…
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