Maryland Daily Record Maryland's trusted source for business and legal news
The billable hour is not dead.
At least according to a panel of corporate counsels in Missouri.
A group of general counsels discussed their jobs and challenges in the legal industry at a Missouri Lawyers Weekly event in St. Louis. The five-member panel mostly agreed that paying by the hour was still the preferred method.
“I don’t feel anybody has really figured it out,” said Jan Alonzo, general counsel of transportation company UniGroup Inc. “The times I’ve been involved with it, it’s really been a failure.”
Here’s our question for you:
As a general counsel in Maryland, do you also prefer the billable hour?
Leave a comment below or email me.
Need to Know:
- Last week we told you CBS Corp.’s general counsel is retiring, and now we know Dell Inc.’s general counsel is filling the position.
- Top in-house counsel are raking in even more cash.
- National Labor Relations Board General Counsel Richard Griffin is prepared to file a lawsuit against Wal-Mart.
- The University of West Florida’s general counsel was fired for failing to pass the Florida Bar.
- General counsels’ favorite law firm is Skadden Arps Slate Meagher & Flom LLP.
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