Boston start-up promises, ‘No hourly bull’

Calling itself “the next generation international corporate law firm,” a Boston start-up, Exemplar Law Partners, claims to be the first corporate law firm in the nation exclusively to use fixed-price billing. The firm managers identified on its Web site are fairly new to the practice of law in Massachusetts — the CEO was admitted in December 2004 and the executive director and hiring director in late 2005 — but the Web site describes the firm’s attorneys as “experienced businesspeople with advanced business degrees or significant business experience.”

Other ways in which the firm promises to be different:

  • No strictly defined practice areas: “Each and every legal matter we take on is assigned to a cross-functional team of attorneys that work together to provide comprehensive analyses and solutions.”
  • A satisfaction guarantee: “We are so confident we will deliver unmatched value in the services we provide, that we encourage you to determine what the value of the services was worth to you. If it was less than the price you paid, call us, articulate the shortcomings, and we will negotiate a fair price with you.”

In a post to a Young Entrepreneur forum, one of the firm’s partners described her involvement as “helping pioneer the legal revolution.” Time will tell, but one at least must admire the firm’s chutzpah.