Sentences with phrase «common fee arrangements»

Not exact matches

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.

While flat fee and other non-hourly arrangements have been commonplace in cut - and - dried legal areas like tax and estate planning, they're becoming more common across the practice areas of «Main Street» firms and attorneys.

This is called a «contingency fee» arrangement and is common among attorneys who handle injury cases.

Typically New Law offers flexible fee arrangements (flat fees are common) or charge a much lower hourly rates due to lower overheads.

When I talk with people in the legal marketplace about alternative fee arrangements, I often hear two common objections.

Corporate clients often no longer authorize «carte blanche» legal expenditure, alternative fee arrangements are more common, and clients are continually questioning where they can save on legal expenses using competitive tendering and paneling.

At heart, though, all arrangements have one thing in common: they need internal controls to ensure fees and costs are properly attributed to the appropriate client.

It used to be that alternative or «appropriate» fee arrangements were the common subject matter of in - house counsel conference seminars, but over the last few years the mechanics around the various AFAs out there have given way, it seems, to a more hefty discussion on more thought - out budgets and project management.

Flat - fee arrangements are becoming more common with law practices, but smart attorneys avoid verbal flat - fee agreements, which almost always lead to confusion and disappointment.