Laserfiche WebLink
Billable Hours <br />We do not offer a billable hour for federal advocacy services. Holland & Knight's Public Policy & <br />Regulation Group ended the tracking of billable hours for fixed -fee clients more than 10 years ago — <br />becoming the largest national practice group to do so. <br />We did this because we found the practice of logging time has several drawbacks. For example, there is <br />the time spent on administrative tasks such as keeping time that otherwise would go to creative solutions <br />for client problems. <br />There is also the inability of being able to use the full public policy talent within a firm without seeking to <br />charge clients for the additional hours. With Holland & Knight's approach, a client has access to all that <br />advocacy talent and expertise as needed — at no additional cost. <br />Our innovative flat -fee approach toward billing has been well received since its start. In fact, the U.K.- <br />based Financial Times named Holland & Knight a "standout" among U.S. law firms that have developed <br />creative ways of adapting to formidable challenges in the business environment. <br />In selecting Holland & Knight as a "Business of Law" leader, one of only five U.S. law firms at the top of <br />its list, the Times cited our decision to stop tracking billable hours for fixed -fee clients as of January 1, <br />2012. Instead, the newspaper wrote, "the team devised a more efficient system that simply measures <br />output rather than time. Clients are still billed on a fixed monthly fee and receive monthly or quarterly <br />progress reports on what tasks have been fulfilled." <br />However, despite the recognition and success of this approach, Holland & Knight embraces additional <br />innovative fee structures that are directly tied to helping our clients achieve their goals. We recognize <br />that organizations such as the City of Santa Ana are under increased scrutiny to manage their spending <br />efficiently and control costs. <br />Please note that, with this offer, we welcome the opportunity to help our clients secure their goals <br />through tailoring pricing structures. Be assured that we are committed to helping our clients secure their <br />goals through non-traditional pricing arrangements. <br />Holland & Knight Confidential Presentation for City of Santa Ana 126 <br />