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Detroit council OKs $3.4M Jones Day pact
The Detroit City Council voted to approve a $3.35 million contract to hire Jones Day as the financially crippled city's restructuring counsel, but the vote came only after suspending the proceedings Tuesday for an hour amid a raucous protest by a group of angry city residents.Alternatives to the Billable Hour
As part of the annual survey by The National Law Journal, law firms provided information about the alternative billing methods that they use most often. Read on for a sampling of the responses.Jones Day Hitting on All Cylinders for Motor City's Financial Restart
With the largest municipal bankruptcy filing in U.S. history potentially looming on the horizon, Michigan Governor Rick Snyder officially appointed Jones Day restructuring partner Kevyn Orr to serve as special emergency financial manager for Detroit on Thursday—just days after the city itself retained Orr's firm to serve as its restructuring counsel.Variations on, and alternatives to, billable hours
Below is a sampling of firms that provided information about the alternative billing methods they use most often. We asked firms to differentiate between variations on the billable hour (discounted and blended hourly rates) and true alternatives to the billable hour. The percentages denote estimated portions of the firms' revenues obtained through each of these two categories. They are followed by the billing methods that the firms use within those categories. The number after a firm's name indicates its toFirms report using alternatives to billable hour
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Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
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