Sentences with phrase «fee arrangements continues»

The use of alternative fee arrangements continues to rise.

Not exact matches

As sponsors become more educated on plan expenses and fiduciary responsibilities, they continue to opt out of complex fee arrangements in favor of fully - disclosed, transparent fee arrangements.
And finally, we continue to make progress moving to a fee - based pricing model with a more equitable risk - sharing arrangement.
If redelivery arrangements acceptable to the Trustee for the Bitcoins held in the Trust Custody Account are not made, the Trustee may continue to store the Bitcoins and continue to charge for its fees and expenses, and, after six months from the termination date, the Trustee may sell the Bitcoins and account to the Trust for the proceeds.
That allegedly resulted in an arrangement in which Glenwood, Silver and the law firm agreed to a «side letter» consenting to Silver's «continued receipt of fees from Glenwood, without acknowledging the defendant's financial interest in retainer agreements between Glenwood and the Goldberg Firm.»
, author Tim Bratton notes that despite all of the discussion about alternative fee arrangements, the focus of in - house counsel continues to be on billable hours as a standard for measuring «value,» even while all involved seem to concede that time does not actually equate to value.
If attorneys avail themselves of the advances in computer technology in the past decade or two, they can more easily come up with flat fees or other alternative billing arrangements — and continue to make a profit, Calloway says.
Even as the recession eases, corporate clients continue to pressure their law firms to cut costs, increase efficiency, and move to fixed fees and alternative fee arrangements (AFAs).
O'Reilly says that whatever might be happening with AFAs, it continues to be a hot topic and the senior leadership he talks to still expects some sort of different fee arrangement from the external counsel with which they work.
While many practitioners will continue to work on a largely or wholly retainer / billable - hours arrangement, more and more lawyers will be asked by their clients to consider either coaching, unbundled services, fixed - fee services, or a combination of these approaches.
While both the billable hour and alternative fee arrangements have critics, we'll likely continue seeing a mixture of the two fee arrangements.
9) «Fixed fee arrangements will continue to grow as the dominant choice among alternative fee arrangements (AFAs).
As the number of class actions continued to rise, the use of alternative fee arrangements (AFAs) increased in 2017.
They continue to struggle with reduced staffing and to grapple with the best way to employ cost - saving measures such as alternative fee arrangements without sacrificing the quality of their defense efforts.
The use of alternative fee arrangements in class actions continues to rise.
Second, the number of companies using alternative fee arrangements for more than 20 % of their outside legal spend continues to grow.
Elevate continues to provide NetApp with managed support services, as well as ongoing consulting in the form of legal spend analysis and the use of alternative fee arrangements.
As the number of class actions managed continued to rise, companies also returned to alternative fee arrangements, seeking budget predictability and efficiency.
The contingency fee arrangement enabled the company to continue to pursue its claim and recover the VAT repayment it was owed by HMRC.
Corporate clients in the current buyers» market are increasingly demanding lower, fixed prices and value - based Alternative Fee Arrangements («AFAs») in lieu of hourly billing — making law firms bear the «risk of loss» in uncertain but complex litigation and transaction matters — even as the costs of running law firms continue to climb.
Paragraph (e) eliminates the requirement in the Virginia Code that each lawyer involved in a fee - splitting arrangement assume full responsibility to the client, regardless of the degree of the lawyer's continuing participation.
As clients continue to demand deeper discounts, flat or fixed fees, and other changes in traditional fee arrangements, law firms will incur greater case - and deal - related risks, including cost - overruns.
Nevertheless, economic pressures continue to prompt law firms and their clients to seek some different arrangements that balance a client's need for predictability and control of legal fees with a law firm's need to generate profits.
Shared parenting arrangements tend to reduce parental conflict and therefore the continued need for lawyers and their fees.
In a sign that building owners and operators are less willing to take on the financial risks associated with long - term care, fee - for - service arrangements at continuing care projects are becoming more popular, a recent report concludes...
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