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Change in values needed as firms shift away from billable hour targets | Julius Melnitzer

Friday, June 09, 2017 @ 8:40 AM | By Julius Melnitzer

The news that global giant Linklaters, the archetypal bastion of lockstep compensation and individual billing targets, is moving away from these cornerstones, is both welcome and depressing news for the profession.

It’s welcome because it signifies that even the most intransigent of traditionalists are recognizing the reality of an evolving profession. It’s depressing because its narrow focus indicates just how slowly and tediously lawyers are moving, perpetuating if not widening the gap between the profession and reality.

Let’s be clear, it’s not that individual billing targets...