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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1 Comment

  1. Reply

    Dan Schwartz

    16 July 2012

    Long live the billable hour! It’s not dead yet….

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