The Hourly Rate is Dead - Long Live the Hourly Rate

I always wondered what the phrase, "The King is dead. Long live the King" means. If the King is dead, why are the next words, "long live?" According to Wikipedia, the phrase is a traditional proclamation made following the accession of a new monarch. I am reminded of this phrase every time I read about the death of the hourly rate and presumably the "accession" of the alternative fee arrangement (AFA). Well, to paraphrase Mark Twain, "the reports of the death of the hourly rate have been greatly exaggerated."

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Roy’s feedback about my resume, our mock interview, as well as his direction regarding my networking strategy, was extremely helpful. Our telephone conversations reenergized, refocused me, and brought back my confidence during my job search at…" Read the rest
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