Fee arrangements other than hourly billing have been around for a long time.
Over the 12 - month period ending December 31, 2015, 9.4 percent of matters submitted and processed via the CounselLink solution were invoiced, at least in part, under
a fee arrangement other than traditional hourly billing.
Over the 12 - month period ending June 2013, 9.7 % of matters submitted and processed via the CounselLink solution were invoiced, at least in part, under
a fee arrangement other than traditional hourly billing.
Over the 12 - month period of 2013, 12.4 % of matters submitted and processed via the CounselLink solution were invoiced, at least in part, under
a fee arrangement other than traditional hourly billing.
Not exact matches
The sales
fee («load») that the fund company normally charges is waived for Vanguard clients based on special
arrangements we negotiate with the
other fund company.
In traditional franchise
arrangements, royalty payments and
other fees are often based on a percentage of overall sales.
18 This rental
fee is based on the cost of comparable equipment; market conditions in the area; the type, life expectancy, condition, and value of the equipment; and
other factors.19 Each district should review its rental
arrangement periodically to ensure that the rate reflects the current local market.20
And honestly, if they can't afford a hospital birth, chances are they can't afford a homebirth midwife — who are generally not cheap, who will not generally make payment
arrangements (or rather, will not make the same type hospitals make, payable after the fact and in small monthly increments for years; midwife payment
arrangements tend to be along the lines of «Half the
fee at the first appointment, and the
other half a month or two later»), and who will not deliver a baby without having been paid in full prior to onset of labor (I don't have a statistic, but it seems most midwives have this particular payment policy, and payment is non-refundable).
Silver's
other legal work, for a separate firm that handled property tax assessment appeals, was unknown to the public until a year ago: Prosecutors successfully argued that Silver received legal
fees from real estate developers — including Glenwood Management, the state's most generous political donor — that had extensive business before the Legislature, and did his best to conceal the
arrangement from ethics watchdogs.
Additionally, Silver then discussed his
fee arrangement, acknowledging that he didn't do work on the cases, but rather handed them off to
other attorneys at Weitz & Luxenberg, while collecting a
fee for the referral in the event of a verdict or settlement.
While the
fee portion of the
arrangement is one difference between
fee - based and free dating web sites, there are a few
others.
ML Wealth does not participate, at this time, in wrap
fee programs, which are
arrangements between broker - dealers, investment advisers, banks and
other financial institutions and affiliated and unaffiliated investment advisers through which the clients of such firms receive discretionary investment advisory, execution, clearing and custodial services in a «bundled» form.
Yet
others use investment advisors who themselves use a variety of approaches, products,
fee arrangements and so on.
However, we do believe that annual reports should include a breakout of total commissions paid, average commissions per share, and disclosure about soft - dollar
arrangements, trailing
fees and
other costs borne by shareholders (at present, this is considered «non-standard information»).
The Fund has no sales load (a charge for purchasing the fund), no soft - dollar
arrangements (where fund managers receive research, data terminals and
other benefits in return for paying higher commissions to brokers), no trailing
fees (where funds pay brokerages an ongoing percentage of assets in order to bring business to the fund), and no 12b - 1 marketing
fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholders).
We are not involved with and are not responsible for any
fee arrangement that you may enter into with any online broker or
other service provider.
A MEAF is a very specific charge, and this ruling only applies to it;
arrangement fees and
other fees that are paid when you take a mortgage out are not part of this.
A contingency
fee arrangement is only available for specific types of cases, such as consumer rights lawsuits against third - party debt collectors or
other similar companies for violations of specific laws.
Other than that there are no
arrangement fees or administration charges provided you make your repayments according to the agreed schedule.
TradingBlock has advertising and marketing
arrangements with parties that are not registered or regulated as broker - dealers, such as Tradespoon, and as part of these
arrangements; TradingBlock may pay
fees or provides
other forms of compensation in exchange for marketing.
The term wrap account often is used to describe an
arrangement between a client and the client's dealer whereby the dealer agrees to be compensated through a fixed annual
fee from the client (usually calculated as a percentage of the value of the client's account) in lieu of all
other forms of compensation including commissions, service (trailer)
fees and
other fees.
Each share class represents an interest in the same assets of the Funds, has the same rights and is identical in all material respects except that (i) each class of shares may be subject to different (or no) sales loads, (ii) each class of shares may bear different (or no) distribution
fees; (iii) each class of shares may have different shareholder features, such as minimum investment amounts; (iv) certain
other class - specific expenses will be borne solely by the class to which such expenses are attributable, including transfer agent
fees attributable to a specific class of shares, printing and postage expenses related to preparing and distributing materials to current shareholders of a specific class, registration
fees paid by a specific class of shares, the expenses of administrative personnel and services required to support the shareholders of a specific class, litigation or
other legal expenses relating to a class of shares, Trustees»
fees or expenses paid as a result of issues relating to a specific class of shares and accounting
fees and expenses relating to a specific class of shares and (v) each class has exclusive voting rights with respect to matters relating to its own distribution
arrangements.
If any member of your party is prevented from travelling, that person (s) may be able to transfer their place to someone else (introduced by you, satisfying all the conditions applicable to the
arrangements and subject to approval by any of our supplier (s)-RRB- providing we are notified not less than 60 days before departure or 90 days or more prior to departures for cruise and private train holidays and you pay a minimum amendment
fee of # 40 per person transferring, and you meet all costs and charges incurred by us and / or incurred or imposed by any of our suppliers and the transferee agrees to these booking conditions and all
other terms of the contract between us.
Air ticket change
fee of $ 200 per person; plus
other penalties and
fees for hotel and land
arrangement revisions.
Subject to the
other terms of these conditions, we will not be liable for any costs,
fees or charges you incur in the above circumstances, if you fail to obtain our prior authorisation before making your own travel
arrangements.
Depending on your credit card's currency and the country in which your card was issued, your credit card provider may impose foreign exchange
fees and
other fees which are in accordance with your
arrangements with that credit card provider.
I view s. 33 (1) and (2) as permitting, despite
other statutes, all kinds of
fee arrangements contingent upon success, and not just hourly rate multipliers.
Still, they too, are putting pressure on law firms for lower
fees and many are pushing law firms to consider flat
fees and
other alternative
fee arrangements.
While flat
fee and
other non-hourly
arrangements have been commonplace in cut - and - dried legal areas like tax and estate planning, they're becoming more common across the practice areas of «Main Street» firms and attorneys.
Other improvements include additional alternative
fee arrangements, group portfolio pricing along with the addition of success / bonus
fee values, an enhanced ability to search for specific matter plans, new margin percentage columns in the forecast screen and forecast locking to prevent multiple users from updating a plan at the same time.
If attorneys avail themselves of the advances in computer technology in the past decade or two, they can more easily come up with flat
fees or
other alternative billing
arrangements — and continue to make a profit, Calloway says.
Our Flexible
Fee Earners are typically individuals who trained with Norton Rose Fulbright or at
other leading firms, and who are now seeking greater flexibility in their working
arrangements.
This trend will accelerate as fixed
fees and
other risk sharing alternative
fee arrangements spread.
A fixed -
fee arrangement that is fair to the client and the law firm permits the firm to employ
other attorneys and staff and to acquire technology and
other services with less risk to the law firm.
Variations of hourly billings, fixed
fee billing, contingent
fee arrangements and
other forms of «alternative billing» are no longer merely isolated experiences.
Instead of the status quo, more in - house attorneys are instead turning to
other fee arrangements.
But when asked how many of those firms take the format and try to do similar structured
fee arrangements with their
other clients, he shrugged and said not many.
They include «failing to disclose that the legal work is routinely referred to
other lawyers for a
fee rather than being performed by the lawyer;» «misleading about the size of the lawyer's practice or the areas of law in which the lawyer provides services;» «referring to
fee arrangements offered to clients without qualifications;» and «advertising awards and endorsements from third parties without disclaimers or qualifications.»
You can use a musician contract to lock down the
fees, percentages and
other fine points in your
arrangement with a booking agent.
At the InsideCounsel SuperConference, Ted Olson, former Solicitor General and partner at Gibson Dunn, asked a panel of General Counsel from Ford, Procter & Gamble, and Allstate Insurance what they look for in their outside lawyers (
other than lower
fees and alternative
fee arrangements).
«With increasing demands for predictable budgets in traditional hourly matters and the growth in fixed -
fee and
other alternative
fee arrangements with clients, Parker Poe needed a solution that would help the firm manage these client needs more effectively and to do so profitably.»
In the simplest terms Alternative or Special
Fee Arrangements are agreements between a law firm and a client to provide compensation to the firm based on a structure
other than hourly billing.
If you'd like more information on the ELM Trends report, please join us for a free webinar that will elaborate on where law firm rates are headed, what the law firm consolidation trend means, the state of alternative
fee arrangement (AFA) utilization among
other points.
People have been talking about the demise of the hourly rate for twenty years, but I think now with it being a buyer's market, clients are really pushing for their law firms to get off hourly rates and move to
other types of
fee arrangements that give them more predictability and forces the firms to be more efficient.
Contingent
fee (success related) billing
arrangements and
other non-traditional
fee structures are commonplace, in appropriate circumstances.
Fourth, a fixed -
fee arrangement that is fair to the client and the law firm permits the firm to employ
other attorneys and staff and to acquire technology and
other services with less risk to the law firm.
In order to facilitate collaboration with firms who wish to collaborate with us, we have devised tailor - made
fee schedules for referrals, joint venture and
other types of
arrangements that equitably apportion
fees based on division of labor and risk exposure.
This kind of
arrangement is used in
other areas of the law and is commonly referred to as a «reverse contingent
fee.»
Through the use of these tools, firms can predict outcomes and timelines of litigation, likelihood of success and
other information that can be utilized to assist in setting alternative
fee arrangements and
other value - added applications.
Similar issues may exist for
other sub-units, such as a
fee arrangement designation for a matter.