The much-maligned billable hour is back under scrutiny. As attorneys continue to bounce back from the blows dealt by the recession, a client-driven fee structure known as value billing is beginning to gain traction across the country. It was a "standing room only" topic of discussion among lawyers at the American Bar Association's meeting earlier this month in Atlanta, according to ABA President Stephen Zack (pictured). "When I started practicing law 40 years ago, you sent out a bill for services rendered, and then all of a sudden we got into the Holy Grail of the hourly bill, which was never intended to be the perfect solution to all issues," Zack told Lawyers Weekly.
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