16 July 2012 Jay Shepherd

What kind of price is it?

We’ve been hearing about so-called alternative billing in earnest for the last five years. But many professionals today find the definitions confusing. That’s why most law firms claim to use “alternative fee arrangements,” and yet the billable hour is showing no sign of shuffling off its mortal coil.

So here’s a handy info graphic that my VeraSage colleague Michelle Golden and I created to clear up some of the confusion. With it, you can figure out what kind of prices you’re using.

What kind of price is it?

Click it to embiggen. You can also download it as a PDF. Feel free to share it.

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