Flat Fee v. The Billable Hour: The Debate Continues
My dialogue with Ben Stevens on the merits of billable hour versus the flat fee in a matrimonial action continues. Let me say at the outset, that I am certainly no fan of the billable hour. For many reasons, I prefer the flat fee model. The number one reason, it is predictable. With certainty, I can answer the question every client asks, “How much will this matter cost?” When billing on an hourly basis, I can only estimate, giving a meaningless range. As pointed out in The Billable Hour: Are its Days Numbered, a flat fee may work on more...
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