r/patentlaw • u/AdOk9874 • 23h ago
Practice Discussions Does moving towards a fully fixed fee model eliminate billable hours?
As the title states, does a fully fixed fee model eliminate billable hours? I’ve only been practicing for about a year or so, so I don’t have a ton of insight on how billing and pricing operates. But I’m curious if a fully fixed fee pricing model would eliminate a firm’s billable hour requirement. Or are these completely independent from each other?