Sentences with phrase «fixed fee approach»

So law firms typically come up with a fixed fee that guarantees them more profit under the fixed fee approach than they would get under the traditional hourly system.

Not exact matches

There's a strong case to be made that an active approach has a better track - record in fixed income management, particularly if its fees are not substantially higher than an index strategy.

The firm approaches clients aggressively about fixed fees and the partnership it requires.

Our approach takes away that anxiety by introducing the fixed fee payment model to patent applications.

Some are also taking steps to re-tool their practices to better meet the express needs of clients, using new approaches and tools that include unbundled services, assisted self - representation, fixed fee retainers and more.

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 arrangementfee,» «contingency,» or «hybrid» fee arrangementfee arrangements).

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.

The key point here is that although the Exigent system is not necessarily using the latest NLP AI technology itself, the focus on a data - led approach to help standardise costs and, most likely, help companies set fixed fees for process work, in turn helps support the growth of a more «industrial» approach to legal services.

Uniquely, Slipakoff offers clients creative and flexible approaches to billing, such as monthly retainers, fixed project fees, or a blend of these approaches with traditional hourly billing.

We will provide certainty on the costs that you will incur and, where appropriate, offer a flexible approach to costs and / or fixed fees so that we fit with your budget.

The answer to fixed fee legal services is in taking a legal project management approach.

Bart Showalter, the partner at Baker Botts who leads that effort for us, said the fixed fee scared them at first, but over time they developed a systematic approach to the work, and as he put it, «the system made us more efficient.»

That's because, unlike the fixed - fee approach, the new approach ties costs to the amount of value subscribers receive.