Eisenstein Quoted on Trends in Hourly Billing and Alternative Fee Arrangements
Managing Partner Marci Eisenstein was quoted on putting clients’ needs and preferences first in offering a range of pricing options, with a majority of clients still expecting an hourly billing approach.
Still, Marci said that Schiff offers alternative fee arrangements and is continuously coming up with other creative approaches to pricing.
“But the bottom line, I think, is that the demise of the billable hour — those stories have been greatly exaggerated. Most of our clients say they want a billable hour. They may want a blended hour, or a discounted hour or they may want it subject to a fee cap, but they’re generally looking at an hourly measure,” Marci said.
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