What do lawyers and general contractors have in common? Nothing yet.
But the idea that the legal profession could look to the processes used by general contractors in completing a job was one raised at an Association of Corporate Counsel Value Challenge meeting in Philadelphia this summer.
Project and process management — in essence the antithesis of the billable-hour model — is a concept being eyed by law firms as they try to ensure they can deliver the efficiency required to make good on their alternative fee arrangements.
via Legal Technology – Law Firms Look at Process Management .