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Buildup of Alternative Fee Deals Doesn't Pan Out, Midsize Firm Leaders Say

The Daily Report mentioned Mike Trotter in an article regarding alternative fee arrangements. In the article, several lawyers give their views regarding law firms and alternative fee arrangements. Mr. Trotter described his history with in-house counsel, clients and methods of payments. “The hourly rate is still the preferred method of billing,” said Mr. Trotter. To read the full article, please visit the Daily Report website.

A common topic at any conference of lawyers over the past decade has been the alternative fee arrangement that promised predictable legal costs for clients and less onerous timekeeping by lawyers.

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