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Harvard flunks on billable hours (Fie! Beta Kappa Fee)

According to a pop quiz in Corp. Counsel, Vol 12, Feb. 2006 at 190, “an institution of higher learning is credited with (or should be blamed for) devising the billable hour system used by most law firms.” The culprit? Harvard University.

I graduated Harvard College in 1974, and until now had never felt this shame. My alma mater. Why could that ignominy have not been visited on the Eli’s or the trade scholars down the Charles? Ah me, in billo unveritas.