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Tag: Retainer Fees

Microsoft is Moving Away from Billable Hours. Will Others Follow their Lead?

Posted on January 11, 2018 by Jonathan Slack

Microsoft announced this summer that it wants 90% of its outside counsel work to be paid for through alternative fee arrangements.1 Microsoft intends to utilize large retainer fees to encourage more collaboration between the company and its outside counsel.2 One could be forgiven for assuming that Microsoft believes shifting away from billable hours will cut…

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