Simmons & Simmons is to agree a number of cost-cutting measures for clients, as the top 10 City firm moves to establish itself as a cheaper alternative to the magic circle. The firm is considering several flexible billing options, which could see it move away from the billable hour to offer clients pre-packaged and fixed-fee arrangements for work. The plans, set to be voted on by the partnership as Legal Week went to press, form part of Simmons’ new three-year business plan, which puts r
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