Nov

25

UK Law firms to review hourly fee system

November 25, 2008 | Leave a Comment

The FT reports that the
UK law firms are being pushed to reform hourly fee system which is coming under pressure from clients complaining of high fees at a time of soaring legal industry profits.

Many of the top firms are starting to offer alternatives to hourly rates and making more use of cost-cutting business practices, such as putting services [...]