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https://www.wsj.com/video/pfizer-lawyers-switch-away-from-billable-hours/35EC010A-4310-4EB3-8268-69344AC22DEF.html#:~:text=Pfizer%20Lawyers%20Switch%20Away%20From%20Billable%20Hours%20Pfizer,Schulman%2C%20talks%20about%20what%20was%20behind%20the%20arrangement.
https://www.wsj.com/video/pfizer-lawyers-switch-away-from-billable-hours/35EC010A-4310-4EB3-8268-69344AC22DEF.html
Pfizer earlier this year reached a deal with law firms, doing away with billable hours and switching to a flat fee. The pharmaceutical company's general …
https://www.findlaw.com/legalblogs/in-house/the-endangered-billable-hour/
The popular law firm cheer, 'When I say "billable" you say "hour"' is being phased out for something a little more low key. According to the Wall Street Journal, major companies such as Pfizer are doing away with the concept of paying law firms based on billable hours and opting instead for flat-fee agreements. In a tough economy, law firms are willing to work with general counsel of major ...
https://www.law.com/corpcounsel/almID/1202423919436/
Pfizer's Outside Counsel Model: One Law Firm, No Billable Hours. As of Jan. 1, 2008, Pfizer is giving almost all of its U.S. labor and employment work to Jackson Lewis for the next two years.
https://www.huffpost.com/entry/billable-hours_b_275810
Pfizer earlier this year reached a deal with law firms, doing away with billable hours and switching to a flat fee. The pharmaceutical company's general counsel, Amy Schulman, talks about what was behind the arrangement. The shift could further squeeze earnings at top law firms.
https://www.abajournal.com/magazine/article/kill_bill_at_pfizer_mums_the_billable_word
Note to outside counsel: When speaking to in-house lawyers at Pfizer, remember that they’re forbidden to talk about one thing you are interested in—billable hours.
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