"Brantley: Clients Want Certainty in Legal Billing," Daily Report
In
a story published on December 20, 2017, on the website of the
Daily Report,
Swift Currie Managing Partner Terry Brantley provides insight as to how
mid-sized firms try to achieve certainty in legal billing for clients through
alternative fee arrangements. Brantley said delivering that certainty requires
that outside lawyers understand a client’s definition of success on a matter, a
client’s appetite for litigation and its approach to deciding which cases are
worth settling and which are worth taking to trial. “A substantial number of
attorneys looked at [alternative fee arrangements] as flat fee only,” Brantley
told the
Daily Report. The publication further clarified by saying that firms
“perceived risks that the client or the law firm would end up with a windfall,
depending on how long it took the firm to do the work.” For the full article,
subscribers to the Daily Report may click
here.