Sentences with phrase «with flat fee billing»

With flat fee billing, the goal is to become more efficient, not less efficient.

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With Plastiq, you can pay nearly any bill, including small businesses or individuals, with a Visa, MasterCard or AMEX credit card for a flat 2.5 % With Plastiq, you can pay nearly any bill, including small businesses or individuals, with a Visa, MasterCard or AMEX credit card for a flat 2.5 % with a Visa, MasterCard or AMEX credit card for a flat 2.5 % fee.
We have already started to see attorneys change billing to more of an «a la carte» flat fee structure, and as young attorneys get more comfortable with what certain jobs take to complete, I expect we will see more and more of that.
With so many inherent problems with hourly billing, a good question to ask is: Why continue with it when there are other pricing options — like flat fees?&raWith so many inherent problems with hourly billing, a good question to ask is: Why continue with it when there are other pricing options — like flat fees?&rawith hourly billing, a good question to ask is: Why continue with it when there are other pricing options — like flat fees?&rawith it when there are other pricing options — like flat fees
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.
The main concern with flat - fee billing is that «if you're skimping on the work, the result might not be as good.»
Now lots of lawyers don't bill by the month or by the week or by the year, lots of lawyers bill either flat fees or hourly fees, but during that time you still need to make sure that person sees values and if you're going to have a relationship with that client over time, you need to make sure that they see value in staying connected to you or staying friends with you and maybe that's as simple as doing a monthly or a weekly newsletter like Noah does, but you need to make sure that they believe that it is valuable to stay in your circle so that their ready to hire you when it's time to hire you.
What is your experience with flat fees — and what advice would you have for those who seek to implement an alternative billing approach?
The Barreau argues that law firms using the hourly billing method are not serving the interests of the partnership with clients, that the firms should be doing a better job serving the interests of clients whether those interests lie in the efficiency of a fixed or flat - fee structure, or the predictability of a fee that's conditional on outcome or duration.
While hourly billing is the mainstay of T&M's relationship with its clients, the firm has flat - fee services as well.
If you're lucky, there's another person there who has tried it and maybe is even billing flat fees and then you can have maybe a drink with them later and have a productive conversation but that automatic defensiveness that that's not how we do it, it won't work, is one of the most toxic things that I see and it doesn't mean that you have to adopt everything but I feel like a willingness to engage with new ideas or even just other ideas is probably the one biggest most important thing that lawyers can do and learn how to test those ideas, bounce them off of people who will listen and engage with them too.
From day one, we started with hourly billing, flat fees, both of which are fairly standard in our kind of legal practice but we wanted to try something new.
Our revenue growth comes from two sources: new clients fed up with the value - insensitive system of hourly billing, and increased efficiency driven by our flat - fee system.
Chrometa — Even with the trend towards flat fees and other alternative billing arrangements, the billable hour is not dead yet.
Our estate planning packages are billed at a flat fee rate so you know the cost upfront and we utilize a secure client portal to communicate and exchange documents securely anytime of the day or night with our clients.
Launched in early 2016 in Upper Tantallon, the new firm provides upfront and flat fees and provides its clients with detailed, itemized billing information.
Using MyCase's streamlined legal billing features, with the click of a button all unbilled time and expense entries, including flat fee balances, are pulled into a legal invoice.
Here's a revelation: clients will care less about the mechanics of your invoice, whether you bill by the hour, by the word or offer flat fees based on astrology charts, so long as the value delivered is commensurate with the price paid.
Some alternatives also reduce management headaches and surprises: with a flat fee, retainer, or contingent fee, there are no hourly bills to review and no concerns about over-staffing (indeed, the client needs to make sure the staff is competent and sufficient).
How can I align fixed flat fees that I charge clients with contract lawyers» hourly billing practices?
I disagree with the notion that firms selling flat fee legal services are selling solutions to legal problems, while those billing hourly are not.
FreshBooks has an estimates feature that can help minimize that friction with clients whether you're billing on a flat or fixed - fee basis or billing by the hour.
But with the rise of the entrepreneur lawyer, legal technology and a more sophisticated legal consumer, flat fees may become the new normal for legal billing in the near future.
For employers with more than 100 full time employees, agency fees are an add - on to the monthly billed insurance rates or a flat fee payment made by employer on a monthly or quarterly basis.
No more having to worry about unforeseen monthly taxes, surcharges and fees with T - Mobile's One for all unlimited plan, so instead of paying a claimed average of $ 210.70 for a family of four on Verizon's «confusing, fee - filled bills», you can rest assured you'll be coughing up a flat $ 160 here.
With flat fees, the professional is paid one amount and won't bill for extra time.
Others may bill from the get - go with an hourly rate or flat fee if they think the consultation will entail considerable time.
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