Kimberly Johnson Quoted in "Alternative Fee Arrangements for Outside Legal Counsel"
Below is an excerpt:
The legal profession is one steeped in tradition and built on relationships, trust, and ethics. Rarely are lawyers said to be innovative or creative, but in today’s evolving profession, innovation and creativity may be just what the profession needs to keep up with its business partners and to drive value, especially when it comes to fee arrangements. Here, Lori Lorenzo, Research and Insights Director for the US Chief Legal Officer Program, explores the issue.
"It’s more than just the bottom line. What clients really want is predictability. Clients want the ability to manage their budgets and be accountable for their spending.
— Kimberly Leach Johnson, firm chair of Quarles & Brady, LLP"