Sort of…
In this article in today’s Tribune, McGuireWoods is taking on the billable hour by offering “alternative billing arrangements.”
Note, the article does go out of the way to avoid saying, “flat fee”. However, any step towards predictability and management of legal costs is welcome, I’m sure.
I wonder if that means associates at McGuireWoods would have reduced billable hour quotas? Or if they would have actual dollar amount goals instead–or god forbid–reduced quotas all around.