Quote:
Originally posted by Mmmm, Burger (C.J.)
I'm not sure the "read" part is right, though. The problem is developing a model of value-added billing that can be known in advance. While it's one thing to use "off the shelf" products for standard agreements, it's another thing to use off the shelf for litigating a major case. There's not much way to do that. The contract with morgan lewis for fixed fee on litigation is also probably a bad idea--I can imagine ML settles cases instead of litigating them. Wouldn't you?
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I see your point. Honestly, litigation is as foreign to me as marine biology, but on the deal side, the supermajority of the profession that maintains stuck in the mud in the billable construct as contrasted with a percentage of the deal take (a la the bankers and brokers) are absolutely economically retarded (at least on a markets basis).
