I love these stories on big firms, who are used to billing by the hour, using contingency fee cases to boost the bottom line. When I say that, I am not taking pot shots or being sarcastic – instead, I appreciate the fact that, on a large scale, they are doing what smaller predominately billable
This is a terrific article by Crowell and Moring’s Paul Haskel on the use of alternative fee arrangements, particularly contingency fee arrangements, by large law firms to supplement the revenue generated by traditional billable hour defense work. The author makes three points: first, that large firms have been doing this for years but it is