The Case for Value Billing in Chapter 11
Journal of Business & Technology Law, Vol. 7, p. 117, 2012
63 Pages Posted: 14 Apr 2012 Last revised: 31 Jul 2012
Date Written: March 12, 2012
This article explores the forces contributing to very high professional fees in large chapter 11 cases and suggests that lawyers might want to consider valuing their services in ways other than the traditional billable hour approach.
Keywords: chapter 11, billable hour, bankruptcy, fees, legal ethics, professional responsibility
JEL Classification: K10, K19, K29, K39, K49
Suggested Citation: Suggested Citation