18 Nov 2008 12:00 AM

Billing Gets Creative in Souring Economy


Large corporations like the $2 billion fast food giant Burger King are finding they can have their legal services their way. The company, which spends millions on legal fees every year, has negotiated with the firms that provide their outside counsel for a variety of alternative billing methods, including fee caps, blended rates and monthly retainers. And they are not alone.