Jim Hassett of Legal Business Development has just released the 3rd edition of his acclaimed work, LegalBizDev Guide To Alternative Fees. Jim has spent more time thinking about alternative fees than almost anyone I know, and his accumulated knowledge, analysis and insights are available in his Guide. I am honored to be among the many lawyers Jim used for resource material.
Given the increasing importance fee issues play today in in client relationships, every lawyer, whether billing by the hour or not, needs to be acutely aware of the benefits and drawbacks of every kind of fee structure, and I can think of no better resource to turn to it as part of this critical educational effort.