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Sep. 1, 2016

Kids get grades — why not law firms, too?

Not just through episodic, informal commentary that occurs between client and firm, but rather through a more disciplined, analytical approach and model. And if firms receive grades, why shouldn't their fees be more closely aligned with those grades? By Scott M. Wornow

Scott M. Wornow

Senior Affiliated Counsel
Bergeson LLP

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By Scott M. Wornow

Everyone gets graded. Why shouldn't law firms? Not just through episodic, informal commentary that occurs between client and firm, but rather through a more disciplined, analytical approach and model. And if firms receive grades, why shouldn't their fees be more closely aligned with those grades? Why shouldn't actual performance, as reflected in those grades, underpin and directly inform actual compensation paid to those firms? ...

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