Contingency Fees

Much of the pressure for law firms to utilize alternative billing approaches comes from companies of all sizes that increasingly want to control their legal costs by appealing to the individuality of lawyers. That requires rewarding lawyers for having "skin in the game" ' a personal financial stake in the outcome of a matter through compensation that goes up when the results justify it.

10 minute read April 26, 2011 at 11:41 AM
By
Ed Poll
Contingency Fees

Much of the pressure for law firms to utilize alternative billing approaches comes from companies of all sizes that increasingly want to control their legal costs by appealing to the individuality of lawyers.

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