Robert Pozen quote

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From the law firm's perspective, billing by the hour has a certain appeal: it shifts risk from the firm to the client in case the work takes longer than expected. But from a client's perspective, it doesn't work so well. It gives lawyers an incentive to overstaff and to overresearch cases.
Robert Pozen
Robert Pozen
Born: Aug 8, 1946

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Work, Law, Perspective, Case, Cases, Risk, Gives, Lawyers, Firm, Takes, Longer, Hour, Well, Client, Shifts, Than, Expected, Certain, Incentive, Billing, Appeal

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