In 1986, Congress passed the Stored Communications Act within the broader Electronic Communications Privacy Act (“ECPA”).1 In that year, Ronald Reagan was President, the U.S.S.R. suffered the Chernobyl disaster, and the price of gas was about 89 cents. Neither the internet nor the e-mail system existed. Obviously, a lot has changed since 1986, yet the…
Tag: Microsoft
Microsoft is Moving Away from Billable Hours. Will Others Follow their Lead?
Microsoft announced this summer that it wants 90% of its outside counsel work to be paid for through alternative fee arrangements.1 Microsoft intends to utilize large retainer fees to encourage more collaboration between the company and its outside counsel.2 One could be forgiven for assuming that Microsoft believes shifting away from billable hours will cut…