Tagged: fee structures for professional services firms

"I'm the innocent bystander
Somehow I got stuck
Between the rock and the hard place
And I'm down on my luck
And I'm down on my luck
And I'm down on my luck"

— Warren Zevon, "Lawyers, Guns and Money"

I was the innocent bystander yesterday while visiting Portland. Through a series of live meetings and conference calls, I spent quite alot of time speaking with partners at two leading law firms. This got me thinking about the direct correlation between the decline in professional fees and the antiquated billable hours model among most professional services firms. Female lawyer

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