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Hourly billing 'incentivises inefficiency', says Neuberger

@Anonymous | 16-May-2012 3:50 pm I take the point about 'forcing' firms to drop hourly bills. But, perhaps instead the courts and/or Government, and/or SRA, should make it mandatory that all clients are offered the 'option' of fixed fees should they want to be billed that way. One could argue that it is a key part of UK consumer rights for a client to be allowed to be billed the way they wish for professional services, and that billing systems should not be dictated by law firms as this distorts the market, hurts freedom of choice and as everyone now agrees is rarely in the interests of the client.

16-May-2012

4:30 pm