Sentences with phrase «fee arrangements such»

McCarthy Tetrault's use of law firm analytics to re-engineer and improve M&A due diligence procedures, for example, «has allowed us to reduce costs to our clients up to 75 per cent, while charging them using predictable alternative fee arrangements such as fixed - rate billing,» said Peters.
's clients can choose to utilize alternative fee arrangements such as fixed costs, capped fees and / or «value billing» (or a mix of all three).

Not exact matches

I have no problem with a straightforward, fully disclosed fee - for - service arrangement, such as what the POD self - publishing companies offer — though whether such services are the right choice for any individual writer is another question.
ML Wealth does not participate, at this time, in wrap fee programs, which are arrangements between broker - dealers, investment advisers, banks and other financial institutions and affiliated and unaffiliated investment advisers through which the clients of such firms receive discretionary investment advisory, execution, clearing and custodial services in a «bundled» form.
The net expense ratio reflects the total annual fund operating expenses of the Portfolio after taking into account any such fee waiver and / or expense assumption arrangements.
A contingency fee arrangement is only available for specific types of cases, such as consumer rights lawsuits against third - party debt collectors or other similar companies for violations of specific laws.
TradingBlock has advertising and marketing arrangements with parties that are not registered or regulated as broker - dealers, such as Tradespoon, and as part of these arrangements; TradingBlock may pay fees or provides other forms of compensation in exchange for marketing.
Each share class represents an interest in the same assets of the Funds, has the same rights and is identical in all material respects except that (i) each class of shares may be subject to different (or no) sales loads, (ii) each class of shares may bear different (or no) distribution fees; (iii) each class of shares may have different shareholder features, such as minimum investment amounts; (iv) certain other class - specific expenses will be borne solely by the class to which such expenses are attributable, including transfer agent fees attributable to a specific class of shares, printing and postage expenses related to preparing and distributing materials to current shareholders of a specific class, registration fees paid by a specific class of shares, the expenses of administrative personnel and services required to support the shareholders of a specific class, litigation or other legal expenses relating to a class of shares, Trustees» fees or expenses paid as a result of issues relating to a specific class of shares and accounting fees and expenses relating to a specific class of shares and (v) each class has exclusive voting rights with respect to matters relating to its own distribution arrangements.
This is an online tool into which you enter basic information such as your age, your parents» ability to pay out of pocket, your living arrangements, some financial aid information, and in a few simple steps your estimated tuition, costs and fees will be presented for your financial planning.
These include a $ 200 airline fee credit and a 35 % airline bonus: simply use your card to book your travel arrangements and pay for airline incidentals such as in - flight refreshments.
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.
Bratton seems to agree in his article, saying that in his experience, alternative fee arrangements run into difficulty when projects «blow up quickly or change direction unexpectedly, such that a quote at the beginning of a project based on a number of assumptions can become meaningless.»
On the customer front, two examples: Half of The American Lawyer's 20 A-List firms are on record this year as starting alternative fee arrangements with important clients such as Pfizer and Citibank.
For instance, the «Business Solutions» section of the website addresses such timely client concerns as alternative legal fee arrangements and developing a budget for new legal matters.
In relation to Scottish Speculative Agreements it is clear again from Lord Gill's Review that there is a significant issue relating to Access to Justice; this is discussed on pages 98 and 99 and para 107 «as far as Access to Justice is concerned, speculative fee arrangements were said to have been responsible for a reduction in the number of firms taking on personal injury litigation, resulting in less choice for consumers but a concentration of expertise in those firms dealing with such cases... Another respondent was of the view that speculative fee arrangements were being entered into where there was little risk».
It launched a consultation last week proposing that CILEx - regulated law firms be required to publish information on price, including the charging model, such as fixed fee, and any additional costs; service, including a description of the work included in the price, and how long it will take; consumer redress options; and how the firm is regulated, including professional indemnity cover and availability of CILEx Regulation's compensation arrangements.
For example, in order to track volume of matters set up under fixed fee arrangements, a CounselLink customer would ensure that a fee structure was established to properly support such arrangements.
Topics may include, for example, how to create a business plan, the key elements of an engagement letter, how to choose your niche, and how to decide between different billing arrangements such as contingency fees, hourly rates or flat fees.
Most discussions between law firms and their external clients revolve around obvious topics such as lowering fees; fixed fees; and alternative fee arrangements.
Similar issues may exist for other sub-units, such as a fee arrangement designation for a matter.
Once profitability by matter can be calculated, profitability for many other sub-units — such as by client, practice area, type of work, type of fee arrangement, billing partner and supervising partner — can be calculated simply by aggregating profits for the matters comprising the relevant sub-unit.
Led by the Association of Corporate Counsel's «ACC Value Challenge,» corporate America is increasingly demanding that their outside law firms abandon the entrenched, historic, «cost - plus,» «billable hour» economic pricing model in favor of «Alternative Fee Arrangements» («AFAs») and other «value billing» approaches (e.g., non-hourly pricing arrangements such as «fixed fee,» «contingency,» or «hybrid» fee arrangementFee Arrangements» («AFAs») and other «value billing» approaches (e.g., non-hourly pricing arrangements such as «fixed fee,» «contingency,» or «hybrid» fee arArrangements» («AFAs») and other «value billing» approaches (e.g., non-hourly pricing arrangements such as «fixed fee,» «contingency,» or «hybrid» fee ararrangements such as «fixed fee,» «contingency,» or «hybrid» fee arrangementfee,» «contingency,» or «hybrid» fee arrangementfee arrangementsarrangements).
They expect lawyers and law firms to consider alternative arrangements, such as contingency, fixed or block fees and hybrid compensation agreements, in some instances.
Some members of the Association of Litigation Funders also provide financing to law firms wishing to manage their exposure to conditional fee arrangements in litigation work, and can offer financing against other litigation - related risks, such as a portfolio of litigation claims.
For example, Member States take varied positions on the availability of third party litigation funding and alternative fee arrangements (such as contingency fees); and some have opt - in systems, opt - out regimes, or both.
The Database is used by both private Law Firms and Corporate Counsel worldwide to effectively price the legal services offered or received either in Hourly Rates or Alternative Fee Arrangements (AFAs) such as Fixed Fee, Transaction Fees, Fixed + Hourly Rate, Collars, Caps, Contingencies and Bonus pricing schemes.
«We are trying to drive down our external counsel cost spend and we have an arrangement that is such that if we use counsel from a smaller office of a major firm our fee structure is based upon that.
But now, tired of subsidizing law firm gravy trains, large corporate clients are forcing firms to offer alternative billing arrangements, such as flat fees, volume discounts and banning new associates from working on matters.
The Canada Revenue Agency, in an update to its website on April 28, stated that the elimination of billed - basis accounting is not expected to affect contingency fee arrangements, where the terms and conditions of such arrangements are bona fide.
It is the firm's policy to work with our clients to develop rate structures and billing procedures that are mutually agreeable, including alternative billing arrangements such as fixed or task - based fees, contingent fees and volume - based discounted fees.
While many firms have such flat - fee arrangements, they are structured in a complex way that still factors in the cost of each individual search.
A virtual office rental is a financial arrangement where solo attorneys and small law firms pay a low monthly fee (typically starting at under $ 100 a month) to rent the use of a premium commercial address in an executive office suite and the non-exclusive use of office space and amenities, such as conference room facilities, a staffed reception area and access to professional grade internet, telephone, and office equipment.
Other arrangements such as an agreement to pay a contract attorney a fixed percentage of a contingency fee would not fall within this exception and would therefore be subject to the requirements of 2 - 200.
California Rule of Professional Conduct 2 - 200 («Rule 2 - 200») governs financial arrangements among attorneys and requires clients «consent -LSB--RSB- in writing» to any «division of fees» unless such fees are divided between «a partner of, associate of, or shareholder with» the attorney proposing such an arrangement.
The latest partnership has introduced new pricing structures for greater flexibility, such as variable fixed - price arrangements for routine projects, rather than a single capped fee for all businessas - usual matters, as was the case previously.
Flat fee arrangements are based on a number of determining factors, including the complexity of the legal issue, time investment (including any research and / or contract drafting, the extent of involvement of other parties (such as negotiations) and how well - organized the client is, including the level of tech savvy.
When you see headlines in advertising such as «no win, no fee» or «you don't pay unless we win,» a contingency fee arrangement is what is being referred to.
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.
Reports such as Effective Rates provide firms with confidence in which types of work and fee arrangements are most profitable, while Time Entry Analysis will help associates track their progress relative to projections.
A virtual office rental is a financial arrangement where solo attorneys and small law firms pay a low monthly fee (typically starting at under $ 100 month) to rent the use of a premium commercial address in an executive office suite and the non-exclusive use of office space and amenities, such as conference room facilities, a staffed reception area and access to professional grade Internet, telephone, and office equipment.
While many law firms have made attempts to incorporate such cost - saving measures as alternative - fee arrangements, there are a number of other creative tactics law firms can take to reduce expenses to drive down the cost of legal services.
«Many who attended will have been familiar with aspects of a retainer fee arrangement but what Richard articulated with great clarity was the full range of benefits from such arrangements with very practical advice on how to make a success of them... I think mixing the content to appeal to different roles in the firm with a pricing interest is a great idea.»
Legal departments also need to look at different billing models, such as alternative fee arrangements, how they manage internal versus external spend, the way they manage relationships with their law firms and how they're using technology to drive better outcomes.
By re-aligning relationships and promoting value - based fee arrangements and other management tactics, such as project management, process improvement, efficient use of technology and knowledge management tools, the market for the delivery of legal services benefits from the same insights and wisdom upon which every other service industry relies to provide world - class value to their clients.
He also talks about the alternative fee arrangements he has implemented with his clients, such as bartering his services for assets or property, as well as some strategies he has developed in his mediation practice.
Why do topics such as pricing or alternate fee arrangements seem to be left up to marketing and finance when the models knowledge management generates are a key factor in delivering realistic AFAs?
Major UK international law firms — such as Linklaters, Clifford Chance, Allen & Overy and Herbert Smith — have been offering clients fixed fee, caped fee and risk sharing options for over a decade [White & Case built a reputation on fixed fee arrangements in Asia post 1997].
We are flexible about fees and happy to talk to you about alternative funding methods, such as «no - recovery - no fee» arrangements for debt recovery actions.
But, such an arrangement can carry the perils and pitfalls of «fee - salting,» and thus be covered under the Code of Professional Conduct.
«To make these alternative fee arrangements successful, there has to be a willingness to look at new ideas such as legal project management and legal process improvement,» said De Marco.
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