Keith Simmons Discusses Alternative Billing in The Tennessean
Keith Simmons, managing partner at Bass, Berry & Sims PLC, is quoted in the August 16, 2009 edition of The Tennessean discussing alternative billing arrangements for law firms. The article specifically describes a flat fee arrangement for firm member Mitch Walker’s work in preparing and filing Securities and Exchange Commission documentation for client Gaylord Entertainment and their general counsel, Carter Todd.
From the article:
"We've been able to get good value right here because of quality of the Nashville bar," said Todd, who received help from Bass, Berry & Sims attorney Mitch Walker in preparing a registration statement to allow Gaylord to issue new securities.
"It tells them something about what work was done and what they're getting for their money," said Keith Simmons, Bass Berry's managing partner, about why some general counsels and clients prefer billable hours even amid cost-cutting urgency.
Click here to read the full article, titled “Law Firms Court Clients with Flat Fees.”
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