Team selling,
alternative pricing structures, client relationship management, and technology and LPM adoption all require the business side to be involved in lawyer engagements.
Atlanta's Top Legal Firms Seek Profitability in Technology Investments and
Alternative Pricing Structures
Not exact matches
When considering
alternative investments, you should consider the fact that some products may utilize leverage and other speculative investment practices that may increase the risk of investment loss and be illiquid, are not required to provide periodic
pricing or valuation information to investors, may involve complex tax
structures and delays in distributing important tax information, are not subject to the same regulatory requirements as mutual funds, often charge high fees including incentive fees, and in many cases have underlying investments that are not transparent and are known only to the investment manager.
His point is that they have to come up with
alternative fee
structures that do a better job of matching
price to value.
«We are pleased to assist CNY Pipeworx with their new business enterprise,» said Oneida County Executive Anthony Picente, Jr. «This business can provide Oneida County residents and businesses with an
alternative to using high
priced fossil fuels to heat and cool their
structures.»
Given the differences in the covariance
structure of returns across
alternative equity styles (
price movements are not perfectly correlated), it is reasonable to question whether tactical allocation strategies are effective across
alternative equity styles.
The primary concepts will be on revenue - generation, rate
structures,
pricing effects, debt financing (municipal bonds), equity financing, public - private partnerships, and emerging
alternative finance including impact investing and conservation finance.
The list is long and worth many billions (sorry for caps); — GREENHOUSE GAS ABATEMENT PROGM (Carbon capture)-- NON-RECOVERY OF PUBLIC AGENCY COSTS — PETROLEUM EXPLORATION TAX CONCESSIONS — RESEARCH AND DEVELOPMENT ASSISTANCE — DIRECT SUBSIDIES TO FOSSIL FUEL PROJECTS — DIESEL FUEL REBATE SCHEME — EXEMPTION FROM EXCISE FOR
ALTERNATIVE FUELS Ethanol production which is an energy sink)-- CONCESSIONAL RATE OF EXCISE FOR FUEL OIL, — HEATING OIL AND KEROSENE — CONCESSIONAL RATE OF EXCISE FOR AVIATION FUEL — EXCISE FREE STATUS FOR CONDENSATE — SUBSIDISED SUPPLY OF COAL - FIRED ELECTRICITY TO — ALUMINIUM SMELTERS — STATE ENERGY SUPPLY CONCESSIONS — ELECTRICITY
PRICING STRUCTURES — SUBSIDIES FOR CENTRALISED GENERATION
Big firms and
alternative business
structures can scale to the point where they will be able to offer superior legal help at lower
prices (even access - to - justice
prices).
Implementing
alternative pricing arrangements isn't easy — it takes time and effort on the part of the firm to understand the needs of the client, to develop a fee
structure that makes sense for the firm and the client, and to adequately explain that system to the client based upon the client's needs.
This has reduced demand and created downward
price pressure in the market, which gave rise to some interesting
alternative fee
structures.
Some of the above examples of access to justice are those that are commonly predicted by advocates of
alternative structures: business models that facilitate reduced and fixed
price legal services and / or unbundling, technology that enables standardization and improved processes to handle large volumes of cases or contracts, branding that reduces the client's search costs and increases their level of trust, multidisciplinary services that significantly ease the client experience notably because they do not need to assemble or coordinate different streams of work.
With the growing trend of fixed fee
pricing,
alternative fee arrangements, and other pre-arranged cost
structures for legal work, it is more important than ever for a researcher to know several things that don't relate to the problem their research is attempting to answer:...
Haskin's presentation, entitled «A Case Study on Driving Profitability through
Pricing and Client Value,» outlines the components and changes within the drivers of profitability in this new legal environment of demanding clients, alternative pricing, and changing stru
Pricing and Client Value,» outlines the components and changes within the drivers of profitability in this new legal environment of demanding clients,
alternative pricing, and changing stru
pricing, and changing
structures.
I began experimenting with value
pricing and
alternative billing
structures.
You may, for example, be among a new wave of
pricing specialists who have joined law firms to help steer them through the challenges of shifting from the billable hour to
alternative fee
structures.
You're right that discussions around value billing seem to be dominated by simply creating
alternative fee
structures or reducing the
price.
However, I find that the most important component that makes
alternative fee arrangements work is that when defining them, it's crucial to
structure the payment terms as well as the
price.
Stewart McKelvey, a leading Atlantic Canadian law firm, is using data analytics to respond to increased client requests for
alternative fee arrangements and novel
pricing structures.
For them, accessing the public equity markets really isn't the best
alternative when they can get lower cost of capital and higher private market
pricing on their properties through a joint venture
structure, he says.
Risk Disclosure:
Alternative investment products, including real estate investments, notes & debentures, hedge funds and private equity, involve a high degree of risk, often engage in leveraging and other speculative investment practices that may increase the risk of investment loss, can be highly illiquid, are not required to provide periodic
pricing or valuation information to investors, may involve complex tax
structures and delays in distributing important tax information, are not subject to the same regulatory requirements as mutual funds, often charge high fees which may offset any trading profits, and in many cases the underlying investments are not transparent and are known only to the investment manager.
«Reasons for the growth in conventional mortgages include low rates, increased underwriting of high LTV mortgages by private mortgage insurers, and a
price structure including insurance premiums that is cheaper than the FHA
alternative.»