Comments on: Death of the billable hour? http://www.solicitr.com/2008/10/22/death-of-the-billable-hour/ Legal News, Legal Views, Law News, Legal Jobs, Law Jobs, Training Contracts, Training Contract News, Legal Humour Wed, 06 Apr 2011 07:53:11 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Legal Dodo http://www.solicitr.com/2008/10/22/death-of-the-billable-hour/comment-page-1/#comment-5316 Legal Dodo Fri, 10 Dec 2010 12:38:34 +0000 http://www.solicitr.com/?p=221#comment-5316 Although the billable hour does not seem to be dead as yet, its days are definitely numbered. Clients are increasingly demanding reduced legal costs, forcing the law firms to innovate. One solution to the high legal fees problem is legal outsourcing. With the advent of legal process outsourcing, legal work is now being done at a fraction of the cost in countries like India, without compromising in quality. Legal outsourcing providers are helping buyers of legal services in the U.S. reduce costs dramatically by providing cost effective legal solutions. Although the billable hour does not seem to be dead as yet, its days are definitely numbered. Clients are increasingly demanding reduced legal costs, forcing the law firms to innovate. One solution to the high legal fees problem is legal outsourcing.

With the advent of legal process outsourcing, legal work is now being done at a fraction of the cost in countries like India, without compromising in quality. Legal outsourcing providers are helping buyers of legal services in the U.S. reduce costs dramatically by providing cost effective legal solutions.

]]> By: The Happy Lawyer « Legal News, Legal Views, Law News, Legal Jobs, Law Jobs, Training Contracts, Training Contract News, Legal Humour http://www.solicitr.com/2008/10/22/death-of-the-billable-hour/comment-page-1/#comment-4174 The Happy Lawyer « Legal News, Legal Views, Law News, Legal Jobs, Law Jobs, Training Contracts, Training Contract News, Legal Humour Wed, 07 Apr 2010 06:10:07 +0000 http://www.solicitr.com/?p=221#comment-4174 [...] recession dragged the fee-earning process – the billable hour – into the cold light of day… for a while. As old targets became unattainable and old [...] [...] recession dragged the fee-earning process – the billable hour – into the cold light of day… for a while. As old targets became unattainable and old [...]

]]> By: Lawyers’ Downturn Demons - What Next? Redundancy? Restructuring? Rising Taxes? | Solicitr http://www.solicitr.com/2008/10/22/death-of-the-billable-hour/comment-page-1/#comment-484 Lawyers’ Downturn Demons - What Next? Redundancy? Restructuring? Rising Taxes? | Solicitr Thu, 27 Nov 2008 12:30:59 +0000 http://www.solicitr.com/?p=221#comment-484 [...] following our recent article on the death of the billable hour , some of you might be interested to learn that ITV has become one of the first major British [...] [...] following our recent article on the death of the billable hour , some of you might be interested to learn that ITV has become one of the first major British [...]

]]> By: anonassociate http://www.solicitr.com/2008/10/22/death-of-the-billable-hour/comment-page-1/#comment-483 anonassociate Wed, 22 Oct 2008 16:29:35 +0000 http://www.solicitr.com/?p=221#comment-483 We had a girl with whom my colleague and I used to work, looking after a number of clients. She routinely put the final time sheet in front of our rather dozy partner having written off all our time and apportioning it to herself. This kind of practice was fairly endemic where I worked and particularly bad if you happened to be carrying out a supporting role on a transaction led in a different department. This is poor management for one thing but it also reflects on time recording as a practice. Masters in the art of time dumping manage to do all of their work in the first few days a file opens! If a transaction had a fixed fee with different elements they could be apportioned at the beginning and the work done as necessary. We had a girl with whom my colleague and I used to work, looking after a number of clients. She routinely put the final time sheet in front of our rather dozy partner having written off all our time and apportioning it to herself. This kind of practice was fairly endemic where I worked and particularly bad if you happened to be carrying out a supporting role on a transaction led in a different department. This is poor management for one thing but it also reflects on time recording as a practice. Masters in the art of time dumping manage to do all of their work in the first few days a file opens! If a transaction had a fixed fee with different elements they could be apportioned at the beginning and the work done as necessary.

]]> By: blogbelle http://www.solicitr.com/2008/10/22/death-of-the-billable-hour/comment-page-1/#comment-482 blogbelle Wed, 22 Oct 2008 16:20:52 +0000 http://www.solicitr.com/?p=221#comment-482 Yes please, get rid - time recording is boring, stressful and abused by virtually everyone at some point. I especially don't like tossers who dump loads of time on my files if I just happen to wave it in front of them for one or two minor points. Also iIf you spend too much time on files there is only so much management of client's expectations you can do so it just gets written off. Yes please, get rid – time recording is boring, stressful and abused by virtually everyone at some point. I especially don’t like tossers who dump loads of time on my files if I just happen to wave it in front of them for one or two minor points. Also iIf you spend too much time on files there is only so much management of client’s expectations you can do so it just gets written off.

]]> By: Haha http://www.solicitr.com/2008/10/22/death-of-the-billable-hour/comment-page-1/#comment-481 Haha Wed, 22 Oct 2008 10:36:43 +0000 http://www.solicitr.com/?p=221#comment-481 nooooooooooooooooooooooooooooooooooooooo. nooooooooooooooooooooooooooooooooooooooo.

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