Sentences with phrase «billing structures»

So there's no change in motivations, only in marketing, service delivery and alternative billing structures for fixed fees, risk sharing and project management.

Many law firm business models are based on an hourly billing structure — a certain number of hours must be billed and collected each year to satisfy overhead and profits for partners.

We appreciate that legal costs can be of great concern to our business clients and offer flexible billing structures and rates based on each client's individual needs.

Now, clients demand different billing structures and lower costs.

Moving from an hourly fee to a flat fee billing structure requires a lawyer to take on risk.

The reason for the change in billing structure is so that clients will have more security in knowing how much the fee will be.

A simple and flexible subscription billing structure is a cornerstone for all recurring revenue - based companies.

Fair warning — signing up at this discounted rate will also sign you up for a recurring, yearly billing structure.

Methods for conducting conflict checks are as varied as law firm billing structures.

I also think flat fee billing structures hide the sins of some students.

The exact billing structure of a level term life insurance policy will depend on the insurance company who sells it.

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

In contingency fee agreements, this amount will be a percentage of the recovery, as opposed to an hourly billing structure.

A smart freelance financial plan, including a flexible billing structure and concrete income strategies, will keep the freelance attorney ahead of the game.

Regarding legal billing structures, personal injury and plaintiffs» employment lawyers have had an «alternative» fee structure for decades: contingent fees.

In the freelance work agreement, the type of billing structure for the project should be fully outlined and detailed, including how the hiring attorney will be invoiced by the freelance attorney, the due date for payment, and how compensation will be handled in the event the work agreement is terminated prior to completion.

««Improving» access to justice, therefore, may mean tackling systemic and institutional barriers to justice, as much as changing billing structures or offering new technologies for disseminating legal information.»

What we need to do from this is to reflect on our wage bill structure because if we don't then more problems like these will occur / Also we really have to resolve player contracts much earlier than leave it to the last year, haven't we learned from this in the past already?

A fundamental restructuring of the big law billing structure seems to be the most talked about measure, with the New York Times today picking up on the perennial law firm debate:

The portfolio model not only enables meritorious litigations to progress that might otherwise not be financed, but also allows law firms to operate within their existing billing structures while permitting them and their clients to share in the proceeds generated by successful claims.

ALM Legal Intelligence reports that as clients request alternative fee arrangements, law firms find, at a 2:1 ratio, that these new billing structures are less profitable.

Time based billing structures sadly reward inefficiencies - the slower a piece of work is done the higher a firm may be able to charge.

If you do go with the company that's going to help you provide access to the software then you are going to want to make sure that you have a separate billing structure for that.

You can bill time or flat fees, but for more exotic billing structures, you will have to get creative.

Trust is also fostered by drawing up a comprehensive contract, in which all project details — from billing structure to trade policies, supplier guarantees to work ethics, design discounts to dispute resolution practices — are spelled out.

As the economic model of law firms changes with the rise of alternative billing structures to the billable hour, there may be more room for creativity in providing flexibile work arrangements for lawyers.

I needed a single - platform for intake, matter management, timekeeping and billing that also allowed for flexibility for my different billing structures.

With more than a half - dozen business units — each with four different practice areas beneath it — and 72 offices based on that same configuration, PepsiCo's legal billing structure was overwhelming, to say the least.

Antoine Aylwin, vice president of the Barreau, says the dominance of the hourly billing structure has resulted in skewed incentives, with lawyers placing thoroughness above other virtues including the client's interests.

When you talk abut changing billing structures, they get fearful because they think they are going to make less money.

«Companies entering into such a partnership also get a really thorough review performed on their current energy efficiency and billing structure.

This billing structure automatically raises red flags that the company with which you are dealing may be less than reputable.

Billing structure is usually driven by the type of project and how the hiring attorney is billing the direct client.

The first half of the freelance attorney financial plan is billing structure.

The big firms themselves have mostly been tight - lipped about their billing structures, with even Chesler himself denying the Times any details on Cravath's rates.

As more and more clients expect alternative billing structures, a bigger picture issue creeps in: How do you sustain a business model that is built on hourly billing when you can no longer bill by the hour?

First of all, it does anything and everything you will need in a time and billing program, regardless of how complicated your billing structures are.

In this episode, in - house lawyer Elliot Miller and outside litigation counsel Adam Losey discuss the different perspectives they have in their respective roles, the realities of traditional v. alternative billing structures, the importance of trust, and more.

Along with many others, I look forward to the opportunity — seen in innovations such as Walmart Law, unbundled legal services, alternative billing structures, and legal coaching for self - represenetd litigants — to redefine legal professionalism as a public good.

The firm has been selected to take part in a 12 - month pilot scheme that will see it take on all technology disputes work for Hiscox using alternative billing structures.

Despite much talk of innovation and disruption only a handful of firms have made the shift to billing structures that are anything other than the traditional «time for money» model.

I began experimenting with value pricing and alternative billing structures.

Now that you've linked contacts and set up the billing structure, your case is all set to invite your contacts to the MyCase Client Portal!

Member of the Regional Energy and Water Advisory Center responsible for analyzing energy and water consumption, demand, policy, rate and billing structure, and efficiency for assigned clients, and creating solutions that mitigate intensity levels through system design, client behavior, or efficient technologies.