Sentences with phrase «alternative billing approaches»

As alternative billing approaches go, flat fees have many fans.
Although there is no comprehensive national survey to buttress their view or to document the extent of savings for clients, «anecdotal evidence and our own recent, small - scale survey confirm the trend that we perceived: law firms increasingly moving to alternative billing approaches at clients» request,» said Richard C. Reed, who is a consultant at Altman Weil Pensa, a Philadelphia - based legal management consulting firm, as well as chairman of the American Bar Association's alternative billing task force.
What is your experience with flat fees — and what advice would you have for those who seek to implement an alternative billing approach?

Not exact matches

Hospitalists typically work in shifts; therefore, within the same hospital, patients treated by hospitalists are plausibly quasi-randomized to a given physician based on when patients become sick and based on hospitalists» work schedule.34 We defined hospitalists using a validated approach: general internists who filed at least 90 % of their total evaluation and management billings in an inpatient setting.35 Second, to evaluate whether our findings were sensitive to how we attributed patients to physicians, we tested the following 2 alternative attribution methods: attributing patients to physicians who had the largest number of evaluation and management claims and attributing patients to physicians who billed the first evaluation and management claim for a given hospitalization.25, 36,37 Third, within some hospitals, male internists may be more likely to work in intensive care units and have severely ill patients.
With other approaches to an energy and climate bill blocked — including carbon taxes or a broader cap - and - trade mechanism for controlling emissions — the only viable alternative appears to be to limit a cap to utilities, the one sector that's already familiar with smokestack rules and markets in emissions credits.
Net billing is an alternative approach to net metering.
Drawing from his experience in sustainable building since the early 1980s, Bill Quigley of NuTech Renewables posits an alternative approach.
Enrico Schaefer at The Greatest American Lawyer suggests the shrinking BigLaw sector may not be a bad thing at a macro level since it will provide an opportunity for foundational change in the market for legal services as new legal service models (e.g., alternative billing) start competing with the traditional approaches (e.g., billable hour), and clients start to have real choices.
Our reasonable costs, tailored, alternative approaches to fees, and flexible billing arrangements make our outstanding service very economical.
Led by the Association of Corporate Counsel's «ACC Value Challenge,» corporate America is increasingly demanding that their outside law firms abandon the entrenched, historic, «cost - plus,» «billable hour» economic pricing model in favor of «Alternative Fee Arrangements» («AFAs») and other «value billing» approaches (e.g., non-hourly pricing arrangements such as «fixed fee,» «contingency,» or «hybrid» fee arrangements).
Back in February 2008, Tom Kane endorsed alternative billing at Legal Marketing Blog, (specifically, the Jay Shepherd approach), but remarked that it seems foolhardy not to keep time records, if only to evaluate profitability of fees and levels of costs.
As firms begin to embrace this billing - for - value approach and alternative billing methods, firms who stick with the old profit - oriented mindset will be billing an ever - shrinking pool of clients.
This post will explore some of the methods lawyers use to bill for their work, from the more traditional approaches to some of today's trending billing alternatives.
Our comprehensive approach is also manifested by the additional services we provide beyond basic bill reviews: Devil's Advocate consults with clients at every step of the legal process, including selection of counsel, retention agreements, budgets and plans, fee and strategy / tactics monitoring, second opinions, alternative fee design, and fee dispute resolution.
In that sense, several trends converge to paint a picture of greater buyer control over the supply chain: the growing role of procurement in legal buy, the material shift of work away from firms to in - house, new approaches to disaggregation across traditional and alternative service providers, and increasing in - house oversight of budgeting, reporting, billing, and matter management.
The most popular alternative to hourly fees is having a menu - style approach, allowing in - house counsel to pick the most preferred billing method that best suits the particular job — 47 % chose this as the current best option.
If the bills — S1224 / A1477 — become law, New Jersey will join approximately 39 states that utilize this approach as an alternative to conventional divorce.
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