For lawyers working on
fixed fee matters, productivity will no longer emphasize logging the most hours but rather producing more work in fewer hours.
Whichever company you select, pay attention to the expense ratio on the funds you select within the account
because Fees matter.
Even for
flat fee matters, the cost is usually dependent on the hours of work required.
In most jurisdictions, ethics rules require representation agreements only for
contingent fee matters or advance payment of availability or flat fees that will not be placed in a trust account.
However, the reality is that fees do matter, and the nature of compounding interest means that
fees matter even more over time.
Think contingent -
fee matters like consumer, employment discrimination, and personal injury cases.
Generally, it is considered a litigation best practice to retain a fee expert on multi-million dollar
attorney fee matters.
On
routine fee matters, of less than $ 1 million, fee - seeking attorneys can serve as their own fee experts.
With our phase and task planning, you can ensure your
fixed fee matters are profitable.
«What we hold is that under California law, a dissolved law firm has no property interest in legal matters handled on an hourly basis, and therefore, no property interest in the profits generated by its former partners» work on
hourly fee matters pending at the time of the firm's dissolution,» Cuéllar said.
The court held that «Under California law, a dissolved law firm has no property interest in legal matters handled on an hourly basis, and therefore, no property interest in the profits generated by its former partners» work on hourly
fee matters pending at the time of the firm's dissolution.»
Fees matter when investing your money and there are much more cost - effective companies than Fisher Investments.
My clients in contingent -
fee matters frequently got less than I did, mainly because the damages were statutory and small, and I had a right to recover my attorney fees and costs.
You might be dealing with a simple, flat
fee matter as well as a more complex case that you are billing by the hour and a third case that is waiting on a contingency settlement.
Once this training seeps into your subconscious, you be less likely to sabotage your next potential
big fee matter.
Bloomberg BNA Lawyer's Manual on Professional Conduct quoted Ronald Minkoff on «unfinished
hourly fee matters of dissolved law firms».
For investors planning to hold an ETF for a year, three years, five years or longer,
fees matter.
--
Fees Matter / Keep Costs Low.
Framed as simply as that, the «
fees matter» argument is hard to ignore.
Like any other fund,
fees matter — as higher fees will erode overall investment returns.
For the typical person who has figured out just barely enough to know that
fees matter, the experience at a TD branch is bewildering and frustrating.
Fees matter and therefore you will have to look for the broker that charges the lowest fees in the industry.
Fees matter, and choosing the investment options with the lowest fees is almost always a great move.
Expenses and
fees matter and can make a significant dent in your long term savings.
These new bond ETFs are a huge example of why
fees matter.
Fees matter and they matter a lot.
«
Fees matter,» said Ben Johnson and Alex Bryan, the two authors of the Morningstar study, which was released earlier this month.
Bottom line:
Fees matter.
But the same budgeting tool I just described can be used to accurately plan and budget fixed -
fee matters and therefore ensure profitability, he says.
We can propose improvements to free partner non-billable time for billable work, enable junior lawyers to take on more senior work (greater leverage), improve lawyer efficiency to reduce soft write - offs and hard write - downs and improve efficiency of fixed -
fee matters.
Given that the lawyer likely has an understanding of what is required based on past work and given that the lawyer can make up losses on some fixed
fee matters by gains on other fixed fee matters, this risk is mitigated.
To classify them as such, he said, would have «bizarre consequences,» such as allowing «a debtor law firm to sell its pending hourly
fee matters to the highest bidder» — something Judge Pauley said would violate a client's right to choose attorneys.
During your free legal consultation it is important to ask the lawyer specifically what is included in the fixed
fee matter and what other uncovered fees you should expect.
Contingent -
fee matters are the only exception.
Properly structuring transactions like post-settlement accounting for a contingent -
fee matter or overpaying an invoice with a mix of fee income, costs, and discounts, can induce headaches.