Thursday, March 29, 2007

Is technology fueling firms to move to a flat-rate fee?

David Ambrose, of Ambrose Law Group (Portland, OR), tells The National Law Journal that since his firm has switched from the billable hour to a flat-rate fee, they have seen a 90% increase in profits. 90%! Hard to believe? His theory behind the increase: "Technology is fueling the drive for flat fees . . . something that [used to] take two house, we can now do in 10 minutes."
Would your company benefit from working with a firm who charges a flat-rate?

Read the article

No comments: