Wednesday, December 12, 2007

Mexican Law Firm Eliminates Billing Conflicts of Interest: 'I've Struck Gold With May Cruz Consultores' Says Imperial Chemical Industries (ICI) Regional General Counsel

The prevailing system used by law firms to charge for legal work has long been considered the scourge of the legal profession. The practice of billing clients by the hour for work has been roundly criticized, both by clients, who see it as a conflict of interest and a disincentive to efficiency, and lawyers, who feel pressure to bill more and more hours. Yet despite nearly uniform disdain for the practice, few international law firms have voluntarily abandoned it. (PRWeb Dec 11, 2007)

Source: PRWeb: Legal / Law

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