Putting its own spin on value, Thomson Reuters reevaluates the well-known concept that “you get what you pay for” and the fact that consumers want to feel good about where they’re spending their hard-earned money.
Although most law firms traditionally subscribe to the concept of hourly billing, NiaLena Caravasos, a federal criminal defense and white collar crime lawyer who argues on behalf of defendants in federal court in Philadelphia, has a different philosophy and a unique viewpoint that she believes benefits her clients the most in their cases. NiaLena explains that “I find that billing hourly interferes with the type of relationship I want to have with clients” and further elaborates that “I spend a lot of time getting to know them. I want to get to know everything about them. When I’m open to receiving information that way, I can stumble onto something that could be a gold mine of something to help them with.”