Sentences with phrase «as flat fee billing»

In our case, we use the resources external investors provide to invest in technology and adopt alternative billing structures, such as flat fee billing.

Not exact matches

Economic pressures to reduce legal costs is the primary force behind a growing number of firms moving away from the billable - hours model to new alternative billing models such as fixed, flat, blended or capped fees.
The county legislature's Democratic Minority Leader Cindy Kaleh says the budget «perpetuates the illusion that taxes are flat...» She says county taxpayers continue to see their tax bills «creep higher as the county collects more revenue and fees...»
Pricing for all of the Internet Dating Business Services is a flat service fee and is billed as a whole on a monthly bases.
It's not uncommon for debit card fees for rent payments to be a flat dollar amount, as opposed to a percentage of the total bill.
Generally we focus our attention on the mechanics of common structures, such as volume based discounting, contingency arrangements, flat fee billing, success fees or secondments.
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.
In comparison, litigation is unpredictable and does not as easily lend itself to flat - fee billing.
For many years, the profession has been talking about alternative billing schemes such as flat fees, unbundled legal services, and pay - what - it's - worth options.
This means being open to alternative billing models such as fixed, flat, capped or blended fees for services, in order to ease potential cash constrains that you're your client may be temporarily experiencing.
Flat - fee billing would be a great leap forward for access to justice in litigated personal plight matters such as family law.
The main concern with flat - fee billing is that «if you're skimping on the work, the result might not be as good.»
One advantage of using the CosmoLex law office billing program is that you can still track hours and expenses as unbillable even on flat fee cases so you can determine if you are charging an appropriate rate.
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.
Topics may include, for example, how to create a business plan, the key elements of an engagement letter, how to choose your niche, and how to decide between different billing arrangements such as contingency fees, hourly rates or flat fees.
While hourly billing is the mainstay of T&M's relationship with its clients, the firm has flat - fee services as well.
Value billing can be structured as fixed fees, flat fees or success fees.
On litigation I haven't done as much work in terms of trying to get either flat fee, or to not exceed numbers for different portions of litigation, but certainly I think that's something I might be interested in, if I was going out to look for a new firm, rather... Rely on litigation context is understanding how a firm bills and how an individual attorney bills.
Setting your hourly billing rate or quoting flat fees is a big challenge when you are starting out, launching as a solo, or re-vamping your practice.
In some states, even litigation tasks billed as flat fee tasks and clearly communicated in your fee agreement can be earned upon receipt.
As alternative billing approaches go, flat fees have many fans.
As a lawyer, time is your most - valuable asset whether you spend it billing time or completing flat - fee tasks.
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.
As an alternative to traditional hourly billing, we offer flat fees, monthly subscriptions, fee deferrals and equity compensation.
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.
I agree that firms using flat fees focus their bills and clients» attention on solutions rather than process but this strikes me as a marketing tactic rather than evidence of a material difference between services offered.
At heart of the new software are complex mathematical models that help firms forecast what it will cost to perform a certain project, and thereby determine if it makes sense to offer an alternative billing arrangement for that project such as a flat fee.
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