Sentences with phrase «client fee discussions»

«Profitability Analysis jumped to the top this year, bouncing last year's # 1 (Client Fee Discussions) down to # 4,» he wrote in a breakdown of the ALM survey.

Not exact matches

Despite discussions about alternative fee arrangements and the changing times for the business of law, many clients and law firms still deal with compensation for legal work based on the billable hour.

Most discussions between law firms and their external clients revolve around obvious topics such as lowering fees; fixed fees; and alternative fee arrangements.

Variables that make fixed - fee pricing unworkable are: conflicting parties, multiple parties, differing demands by clients for question - answering, discussion, and personal engagement; unpredictable judges; variance in possible outcomes; and alternative strategies for how to deal with these outcomes.

Remember to document discussions with and instructions from your client about settlement offers, and to calculate the numbers — the amount the client will be awarded in damages, disbursements, fees, HST, and / or what the client will «take home».

While this may be a legitimate maneuver, lawyers trying to fortify their clients» trust in them and loyalty to the firm might instead consider approaching fee discussions with a more empathic mindset.

The timing of fee discussions, billing, and payment is of vital concern to clients and thus is important to client - oriented lawyers.

These activities include the initial client intake, the first discussion of fees, the fee estimate, the fee agreement, and sustained client communications.

For a detailed discussion of why arbitrating legal fee disputes is best for lawyers, paralegals and clients, please click here.

Some state bars are more specific about this, and recommend that the genesis of that discussion derives from inside the fee agreement — the Massachusetts Bar Association has done so — and, I think that is the better approach; every lawyer knows or should know that her first obligation is to follow - through on promises made to clients.

Todd W. Musburger, Ltd. v. Meier, 394 Ill.App.3 d 781 (1st 2009), while dated, is still post-worthy for its in - depth discussion of a lawyer's quantum meruit recovery from a client after the client fires the lawyer under a contingent fee contract.

A key to operating successfully under alternative fee arrangements or under an hourly rate arrangement disciplined by a rigorous budget will be open and frank discussions between outside counsel and the client regarding management of the matter.

Clients have become more assertive in their fee discussions and law firms are being forced to «do more with less.»

Look for developments such as more loss - leading advice on websites; more use of video and visual; more integration of video communication between lawyer and client; more use of fixed fee «unbundled» services; more integration of discussion communities with legal practices; and some possibly questionable referral arrangements between what are presented as not for profit organisations and associated for profit providers.

On the other hand, if the advisor is extracting advisory fees for the management of this asset, then per the discussion above the advisor may need to be cautious about indirectly causing a larger tax gain for the client when the policy is surrendered in the future.

Do you charge fees or engage your clients in a discussion about the coaching services as an investment of their future career success?

For example, if both parties are, and have been, in therapy and are consistently communicating clearly with one another, a Coach may not be absolutely necessary (although I believe a Coach is almost always advisable because it is impossible to predict exactly what may come up in the divorce discussions and the clients will be triggered by what comes up) if the clients legitimately can not afford to cover the Coach's fees.

Our environment is changing fast and consumers are confused, so having the discussion about fees with our clients is both smart and professional.

This discussion they have is not debating about where the fees come from in the overall scheme of things in dollars and cents, it is confusing the public so when a BBA contract points out HOW the buyer agent will be paid, one of which option among many is that in fact the buyer agent can be paid by his / her own client, and that descriptor is in fact what the buyer is acknowledging when signing that BBA contract — when he / she HIRES that agent «to represent» them.

To avoid antitrust vulnerability for a price - fixing claim, such as two or more brokers or firms having agreed to charge the same commission rate, real estate firms should: - establish their fees unilaterally without consultation or discussion with persons affiliated with other competing firms; - ensure that when the company's brokers or salespeople discuss fees with actual or potential clients they use words that indicate to the listener that the services were priced independently, and that they judiciously avoid words suggesting otherwise.