Authors: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

From the law firm's perspective, billing by the hour has a certain appeal: it shifts risk from the firm to the client in case the work takes longer than expected. But from a client's perspective, it doesn't work so well. It gives lawyers an incentive to overstaff and to overresearch cases.

Robert Pozen