Sentences with phrase «alternative fee matters»

We are heavily involved in alternative fee matters, fee estimates, billing rate decisions and so forth.

Not exact matches

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

Are alternative fees appropriate even in unpredictable matters?

For instance, the «Business Solutions» section of the website addresses such timely client concerns as alternative legal fee arrangements and developing a budget for new legal matters.

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.

Both of these partners acknowledged that their alternative fee proposals are generated by guessing — generously — the number of hours a matter will require and multiplying that number by the hourly rates of the people who would spend those hours.

Aderant Expert MatterWorks utilizes an easy - to - use wizard approach to simplify matter planning and forecasting, enabling firms to more easily and confidently respond to and manage requests for both standard and alternative fee arrangements.

Whether you bill hourly or use alternative fee arrangements, knowing how much work you're putting into a matter versus how much you think you should or want to put into it is critical.

Unlike most law firms that bill clients based on the total billable hours each lawyer works on a particular matter, M&A Law Firm, P.C. employs a variety of alternative fee structures.

«At times, we have utilized alternative fee arrangements — sometimes at our own initiative, sometimes at a client's request — but I wouldn't say there's a significant increase in the types of matters that are services using a flat, block or alternative fee arrangement.»

Last month, I wrote about the fact that hourly billing isn't going away, no matter what the industry predictors say about alternative fees, new ways of showing value, and new paradigms for delivering legal services.

«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.»

Alternative Fees for Litigators and Their Clients addresses how attorneys can implement and evaluate alternative fee arrangements in litigatiAlternative Fees for Litigators and Their Clients addresses how attorneys can implement and evaluate alternative fee arrangements in litigatialternative fee arrangements in litigation matters.

Unlike the bill by the hour lawyers who even bid alternative fee proposals by using estimating the number of hours a matter would take and then padding the final number, plaintiffs lawyers value a case by thinking through such things what's the case worth vs. how long it will likely take to get a settlement or verdict and who is on the other side.

We exist to enable and facilitate the profitable use of popular Alternative Fee Arrangements («AFAs») now demanded by corporate legal departments by using traditional project management skills to more accurately estimate, track and monitor the scope of work and costs in legal matters.

He has over 15 years» experience in consultative work and research achieving recognition as an expert in profitability, matter management, alternative fee arrangements, and partner compensation.

Alternative Fees for Business Lawyers and Their Clients addresses how large firm, small firm, and solo lawyers can implement and evaluate alternative fee arrangements in transactionAlternative Fees for Business Lawyers and Their Clients addresses how large firm, small firm, and solo lawyers can implement and evaluate alternative fee arrangements in transactionalternative fee arrangements in transactional matters.

I think certain subject matters really lend themselves to alternative fee arrangements and it's absolutely the way of the future.

Key Metric # 3: Alternative Fee Arrangement (AFA) Usage AFAs used in 9.4 % of matters and 7.0 % of billings in the past year 3b Based on trailing 12 - months ending December 31, 2015

Egeland is a frequent speaker on topics ranging from expert witness deposition strategy and employer liability and intentional tort claims to alternative fee arrangements and matters relating to the effective and efficient practice of law.

By utilizing alternative fee structures, Feher Law assists clients in resolving their financial matters.

But now, tired of subsidizing law firm gravy trains, large corporate clients are forcing firms to offer alternative billing arrangements, such as flat fees, volume discounts and banning new associates from working on matters.

It used to be that alternative or «appropriate» fee arrangements were the common subject matter of in - house counsel conference seminars, but over the last few years the mechanics around the various AFAs out there have given way, it seems, to a more hefty discussion on more thought - out budgets and project management.

Mr. Connolly has served as chair of the Audit Committee, as a member of the National Hiring Committee and as partner in charge of evaluating proposed alternative fee arrangements for litigation matters.

Figure 7: Enterprise Legal Management Trends Report Key Metric # 3: Alternative Fee Arrangements used in 10 % of matters and 6 % of billings in the past year Based on trailing 12 - months ending June 30, 2013

With counsel pursuing more and more non-traditional fee arrangements, the percentage of Corporate, General Tax matters having billings under some sort of alternative fee arrangement has risen from 9 % in the last report to 12.5 % in this latest report.

Key Metric # 3: Alternative Fee Arrangement (AFA) Usage AFAs used in 8.6 % of matters and 7.3 % of billings in the past year Based on trailing 12 - months ending June 30, 2015

As a one example, we have begun a kind of massive download of PACER information and there are insights in PACER that will allow law firms to do all kinds of stuff, from pricing fee agreements, and alternative legal fee arrangements, to predicting when their clients are going to have problems before they do, to treat things as a matter of kind of risk mitigation instead of litigation after the fact.

Matters are increasingly moving away from the traditional billable hour to various types of alternative fee agreements.

Access to accounting and billing data allows firm management to assess the financial impact of key clients or matters, or to support decisions on alternative fee arrangements

Corporate clients in the current buyers» market are increasingly demanding lower, fixed prices and value - based Alternative Fee Arrangements («AFAs») in lieu of hourly billing — making law firms bear the «risk of loss» in uncertain but complex litigation and transaction matters — even as the costs of running law firms continue to climb.

Just performing a couple of matters on a fixed fee basis or accepting a handful of contingent fee cases won't provide a good measure of alternative fees.

Lawyers who thought we were crazy to use alternative fees in 2008 now call us for insights into how to price matters and how to make profits on fixed fee engagements.

In other types of matters, clients would prefer the certainty of flat fees or alternative practices to the billable hour.

This chart shows the percentage of matters using some sort of alternative fee arrangement in the Pharmaceutical and Professional, Scientific and Technical Services industries between 2011 and 2014.

This chart illustrates the percentage of matters with some sort of alternative fee arrangement in place.

Key Metric # 3: Alternative Fee Arrangement (AFA) Usage AFAs used in 12 % of matters and 7 % of billings in the past year Based on trailing 12 - months ending December 31, 2013

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.

A key to staying within a budget, therefore (or, for that matter, to making any alternative fee arrangement work successfully) is for the client and outside counsel to establish at the outset a clear understanding that outside counsel will be able to manage key decisions about staffing and tactics to discharge the engagement successfully.

GlaxoSmithKline believe in an alternative way forward to costing and pricing matters and that's why our speaker's job title is Director, Alternative Fee Intelligence andalternative way forward to costing and pricing matters and that's why our speaker's job title is Director, Alternative Fee Intelligence andAlternative Fee Intelligence and Analytics.

Budgeting and delivering within budgets or fixed fees are necessary new skills — whether matters are priced hourly or under alternative fee arrangements.

This chart shows the relative usage and the change in alternative fee arrangement usage by matter type between 2013 and 2014.

Overall, the percentage of matters that have billings under some sort of alternative fee arrangement (AFA) has remained fairly stable at approximately 9 % of matters and 7 % of billings (See Key Metric # 3).

For example, in 2014, 45 % of CounselLink customers were billed under an alternative fee arrangement for Corporate, General, Tax matters compared to 39 % in 2013.

Key Metric # 3: Alternative Fee Arrangement (AFA) Usage AFAs used in 9 % of matters and 7 % of billing Based on trailing 12 months ending December 31, 2014

As well as combining alternative fees with «rigorous project management at every step,» Silversides says York has chosen similar, fairly routine file matters, and are running each file on a different fee arrangement, to see which arrangement might be best for those types of files.

The idea is for in - house counsel to use the analytics tool to make more informed decisions when negotiating alternative fee arrangements with their outside counsel, and identifying matters where cost and duration exceeded similar matters.

With corporate claims and law departments under increasing pressure to manage costs and prove their worth to their organizations, Alternative Fee Arrangements (AFAs) are becoming a key tool in helping lower costs, increase predictability and manage matters.