Sentences with phrase «between flat fee billing»

Schmidt further advised that when considering between flat fee billing and the billable hour that you should consider your practice area: «Flat fees are common for transactional work and criminal defense, while hourly is still popular for most litigation.

Not exact matches

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.

There is also a movement toward value billing in certain practice areas, which is kind of a hybrid between flat fee and hourly billing where the client pays a flat fee for each piece of the representation.»

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.