J.Y. Miller and Joseph Kilpatrick recently spoke with The Am Law Litigation Daily about Husch Blackwell's transition away from billable hour bonuses, which resulted in the InnovÄt Alliance national coordinating counsel model primarily using fixed-fee arrangements, even in cases with limited historical data. Miller and Kilpatrick highlighted the ongoing dialogue with clients to manage risk and costs, emphasizing a more fulfilling legal practice focused on strategic goals rather than billable hours.
Read the full article: Factoring Risk Into Fixed-Fee Arrangements