The answer — already being deployed in different corners of the industry — is
a combination of alternative fee structures, virtual firms, women - owned firms, and the outsourcing of discrete legal jobs to other jurisdictions.
Not exact matches
These online bank savings
alternatives offer a great
combination of higher APYs on savings and minimal
fees:
[/ strong] We have a mixed bag
of alternative fee arrangements, from caps to volume discounts, and a
combination of arrangements like that.
Competition for corporate, business and individual clients will cause traditional hourly billing rates to be replaced by variations
of hourly billing arrangements, contingency and fixed
fee and
combination of these
alternatives.
Fees are controlled through a
combination of strong billing guidelines, rational
alternative fee arrangements, real - time feedback on performance, streamlining
of staffing, strategy, and tactics, early exploration
of settlement and ADR, and so on.
The balance
of respondents indicated they use a
combination of billable hours plus flat
fees (30.5 per cent),
alternative fee arrangement (7 per cent), flat
fees (4.4 per cent), RFP process on large projects (4.4 per cent), and «other» (6.2 per cent).