MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
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<strong>20<strong>14</strong></strong> L<strong>AW</strong> FIRMS IN TRANSITIONAlternative Fees: As Percentage of All FeesQ:Approximately what percentage of your firm’s total fees <strong>in</strong> 2013 were generated bynon-hourly based bill<strong>in</strong>g?40%34.5%Response rate30%20%<strong>10</strong>%24.1%20.7%9.5%11.2%0%1% to 5% 6% to <strong>10</strong>% 11% to 15% 16% to 20% Over 20%Percentage of Fees from Non-Hourly Bill<strong>in</strong>gMedian: <strong>10</strong>%An Altman Weil Flash Survey 29
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