August 24, 2006
David Maister recently profiled Christopher Marston, a 29-year old Boston attorney who founded a 9-person law firm known as Exemplar Law Partners immediately after he graduated from law school. The firm bills exclusively on a fixed price model, offering more budget-friendly services to its clients and a good work environment for its lawyers. The firm touts its practice as follows: “No hourly bill. No hourly bull. Law practice the way it should be.” Marston is blogging about his experiment, and his comments are truly fascinating. I particularly commend his post titled, “The Dirty Little Secret About Hourly Billing and Low Professional Satisfaction!”
It will be interesting to follow the firm’s success.
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