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Boutique to Cut Client Billing Rates in 2009
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Cut ratesAustin, Texas-based appellate boutique Alexander Dubose Jones & Townsend is reducing its billing rates in current hourly-fee cases by 10% on January 1st.

Douglas Alexander, a partner in the 13-lawyer firm, notified its clients of the decrease in hourly fees in letters and e-mails.

Roger Townsend, a partner in Alexander Dubose’s Houston office, says the idea behind the reduction is to help the firm’s clients.

  
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But consultant Bill Cobb of Houston’s Cobb Consulting told Texas Lawyer the move “puts [the firm] in a better competitive position with other appellate boutiques out there.”

Clients who will not be impacted by the cut in fees include those who have contingent or flat-fee arrangements with the firm.

Alexander says the firm’s clients range from individuals to Fortune 100 companies. The firm represents those clients in state & federal appellate courts in all types of civil cases, involving anything from personal injury and wrongful death to taxation and breach of contract.

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Townsend says he was the first in the firm to suggest cutting hourly billing rates after the idea came to him while meditating.

Via Texas Lawyer.





 

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