Cost Control – Can Legal Fees be Accurately Forecasted?

While I was operating a solo law firm from 1997 to 2008 I never thought much about the widely accepted yet inherently unfair law firm billing practices across the entire legal industry – mine inclusive. We attorneys have been billing corporate clients by the hour for hundreds of years. Abraham Lincoln said, “A lawyer’s time and advice is his stock in trade.”  Then I saw how it looked from the client’s side. While working as…