Sentences with phrase «fixed fees»

At Hodge Jones & Allen we will not be advocating a compromise between the current system and fixed fees.

Fixed fees for professional deputies (both Solicitors and Local authorities) were raised in 2017 following many years of stagnation, even so the levels often do not reflect the amount of work undertaken in many cases.

While all panelists agreed that profitability is most important, each gave different ideas of how to respond to requests for alternative fee arrangements, from fixed fees and discounted hourly rates, to finding opportunities for the firm and their client to «split the difference» when certain milestones are achieved at greater - than - expected margins.

Meanwhile the increasing use of fixed fees encourages lawyers to find more efficient ways of conducting what can be very time consuming work if handled entirely manually by associates and paralegals.

Most discussions between law firms and their external clients revolve around obvious topics such as lowering fees; fixed fees; and alternative fee arrangements.

They want fixed fees.

The problem with the appeal by plaintiff as to the prevailing fee defendant group was that the appeal happened to be premature, given it was made before the trial court fixed the fees.

Yes, but if you align your business model to clients» best interests and then offer fixed fees, that same suspicion doesn't exist.

Question: How on earth can you make money with fixed fees?

Value billing can be structured as fixed fees, flat fees or success fees.

We do not charge for initial consultations or for preparing quotes and we offer fixed fees where possible.

Their take on it — Moores Agreed Pricing (or MAP) is based on pre-negotiated fixed fees.

When he discovered fixed fees, he realized it would encourage his clients to talk to him more frequently.

Answer: Yes, but if you align your business model to clients» best interests and then offer fixed fees, that same suspicion doesn't exist.

This could be fixed fees: automation of many routine legal services may finally achieve the long - predicted demise of time - based billing.

: fixed fees for specified stages of the litigation matter as it progresses (e.g. preparing pleadings, discovery, evidence, hearing).

argue that historical data should always provide the starting point for setting up fixed fees.

For example, in order to meet budget targets, a general counsel might plan to use more fixed fees in the upcoming year.

The Government is looking to introduce new measures to curb clinical negligence costs - including an implementation of fixed fees, as announced by...

I'll let you guess which ones more often agree to fixed fees.

One of the worst lies spread throughout some startup law circles is that fixed fees somehow «align» incentives between clients (companies) and lawyers.

The firm hopes to acquire business from firms that may find themselves squeezed out of the market by the reform, which includes plans to cut fixed fees for claims processed via the new Claims Portal — previously known as the Road Traffic Accident Portal — from # 1,200 to # 500.

But anyone who thinks that fixed fees are some kind of magical solution to long - term lawyer - client relationships is, to put it bluntly, full of sh **.

And while Cisco uses two large firms for M&A work and litigation, those firms operate on fixed fees.

But a major obstacle that keeps lawyers from adopting fixed fees is their fear that services provided at a set price will not be profitable, Hasan believes.

«They went out to four or five law firms and asked for proposals based on fixed fees.

The results of the latest Big Question survey show that while 63 % of respondents find it «quite easy» or «very easy» to place an accurate value on work delivered when using hourly billing, 80 % described such valuations as either «quite hard» or «very hard» when using fixed fees.

The majority of law firm partners favour the traditional hourly rate model as a more accurate way of billing, despite a continued push from clients to use fixed fees and other alternative billing methods, according to Legal Week research.

Law firms offer a range of flexible funding arrangements, including fixed fees or working within a budget.

Eliminating the billable hour and replacing it with fixed fees or strict budgets.

They find enough common ground for one, who has used fixed fees for 25 years, to help the other, who is trying to make them work for his office.

An additional pressure, as recorded in respondent comments in the Best Legal Advisers survey, is that some law firms have failed to update their client service delivery model by offering lower fees, alternative or fixed fees, and by implementing more efficient internal procedures.

Duncan Ward, legal operations director at Badenoch & Clark, says: «Fixed fees and means testing are making it more difficult for legal aid family practices to generate revenue.

They — or their successors — will be back with national advertising; fixed fees; unbundled service packages.

This is one of the lessons from many of the contributors this afternoon: you have to be ready for fixed fees or, at the very least, transparent prices.

implements fixed fees whenever possible and incorporates modern technologies such as cloud document sharing, online billing, electronic signatures, and encryption.

Instead, they billed in a variety of different manners: fixed fees, retainers, estimated «value» and contingency fees.

And, even if you do not use full blown artificial intelligence, get all the data that you can that correlates type of case and client with fees so that you can — at the very least — minimise risk on fixed fees and transparent prices.

We charge fixed fees, not by the hour.

At the Legal Futures conference last week, John Llewelyn Lloyd of stockbrokers and investment bankers, Arden Partners, was clear that: «Fixed fees and transparent prices will be the norm for all volume / mid market work.»

firms price in a margin for risks on the swings and roundabouts of fixed fees or because consumers opt for higher prices as a signal, spurious or otherwise, of quality.

This trend will accelerate as fixed fees and other risk sharing alternative fee arrangements spread.

They are doing cost / benefit and risk analyses, undertaking RFPs and are demanding more affordable legal services and alternative fee arrangements (e.g., flat or fixed fees, blended rates, phased fees, fees with a collar1, value fees, etc.).

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

In the last 12 months Leman Solicitors has opened files to clients through a secure online access portal, enhanced the paperless office and fixed all fees.

The complexity of information that might be recorded (such as varied pricing models, and exceptions to fixed fees) may encourage the kind of information overload and unhelpful drafting which was associated with Client Care letters when they were first introduced by the Law Society.

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).

With the ability to create estimates and establish profitable fixed fees for your clients, you'll never be in the dark again with your forecasting.

Law Scout describes itself as «Canada's first online platform connecting small businesses to legal services at upfront, fixed fees.»

Walker highlighted the higher debts and housing costs faced by new practitioners along with lower fixed fees, particularly in criminal work, and higher workloads in publicly funded cases.