Sentences with phrase «budget predictability»
"Budget predictability" means being able to accurately plan and expect how much money you will spend or save in the future. Full definition
Similarly, blended rates help with with budget predictability and force firms to push work down to the right (more junior) levels, where appropriate.
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More than ever before, companies need legal budget predictability and better communication from their attorneys.
I believe three key metrics can be used to define value: reduced legal spend, improved budget predictability, and better legal outcomes.
As the number of class actions managed continued to rise, companies also returned to alternative fee arrangements, seeking budget predictability and efficiency.
For clients with tight budgets predictability is important, and flat fee structures may help clients to plan for the cost of legal services more effectively.
For the client, it should translate into budget predictability; value added service; and a roster of lawyers who understand the business — all things in - house want.
Developing and implementing a legal project management tool for a client's in - house counsel to provide increased budget predictability and transparency, including when the client works with firms other than Thompson Hine.
Provides budget predictability through subscription pricing that eliminates billable hours
Inside counsel, outside counsel and service providers all play a role in utilizing repeatable processes to help streamline e-discovery, reduce costs, and bring greater budget predictability.
The Defense Department's best budget predictability in more than a decade shows Congress and the executive branch are aligned in terms of the threats to the nation and current and future military readiness, Defense Secretary James N. Mattis said.
In terms of the overall effectiveness of AFAs, study participants named cost containment, increased legal budget predictability and greater efficiency, as the three major benefits of deploying AFAs for this type of legal work.
The outcomes of the novel pricing arrangement with HIROC have been a reduction in legal costs of over 20 per cent, improved budget predictability and clarity in the categorization of matters by complexity.
McDonnell said this agreement gives the district a level of certainty hat its power costs will remain the same during that period, which helps from a budgeting predictability standpoint.
The budget predictability and cost savings that come from service transformation and sharing resources
the major challenge for companies is gaining control of the e-discovery process and budget predictability;