With the global trend toward
fixed price legal services and the introduction of the role of Legal Project Managers within the legal environment, the understanding of applying LPM principles and practices in the law firm is getting more critical.
Legal matters are effectively projects, and those leading legal matters are arguably project managers, however the need for a more rigorous and traditional project management approach in legal practice has become globally evident through a trending client demand for
fixed price legal services.
This not only increases efficiency, it enables
fixed price legal work.
Law firms started to manage their complex legal matters more aggressively as a means of keeping down costs and responding to client demands for
fixed price legal work.
This enabled us to ensure that the most appropriate resource was applied to each matter, so as to provide highly cost - effective
fixed price legal support to our client.
Some of the above examples of access to justice are those that are commonly predicted by advocates of alternative structures: business models that facilitate reduced and
fixed price legal services and / or unbundling, technology that enables standardization and improved processes to handle large volumes of cases or contracts, branding that reduces the client's search costs and increases their level of trust, multidisciplinary services that significantly ease the client experience notably because they do not need to assemble or coordinate different streams of work.
Any lawyer running a legal matter is a legal project manager, however a greater need to take a stronger project management approach has come initially from the global client market demand for
fixed priced legal services, and the need to find further efficiencies in planning and delivering legal matters.
The global client market demand for
fixed priced legal services is changing the way legal pricing models are structured.
Not exact matches
See, for example, Lucille Keen, «ACCC sues petrol retailers, Informed Sources» (Financial Review, 20 August 2014), Ben Butler, «ACCC takes action on petrol
pricing» (Sydney Morning Herald, 21 August 2014), Annabel Hepworth, «Petrol giants face
legal test on
prices» (The Australian, 21 August 2014) ACCC takes BP, Caltex, Woolworths, Coles Express, 7 - Eleven and Informed Sources to Federal Court» (news.com.au, 20 August 2014), Michael Janda, «ACCC launches
legal action against Informed Sources and retailers over alleged petrol
price sharing» (ABC News, 21 August 2014) and Simon Thomsen, «Competition Watchdog Takes Fuel Big Boys To Court Over Alleged Price Fixing» (20 August 2
price sharing» (ABC News, 21 August 2014) and Simon Thomsen, «Competition Watchdog Takes Fuel Big Boys To Court Over Alleged
Price Fixing» (20 August 2
Price Fixing» (20 August 2014).
I am not a lawyer, but the
legal usage of Collusion would appear to be mostly limited to unfair market practices (e.g.:
price fixing between two companies).
(R for profanity) Steven Soderbergh directs this fact - based
legal thriller about a corporate executive - turned - star witness (Matt Damon) who testifies against his former employer and other agri - business companies in a federal
price -
fixing case.
In the ongoing
legal battles involving Apple over antitrust violations in an ebook
price fixing case, it seems the technology giant just can't catch a break.
It is the only market I know where
price fixing was made
legal!
Should things go as
legal experts and industry watchers have speculated, Apple could be responsible for more than $ 800 million in damages for its role in a
price fixing scandal involving five of the then - Big Six publishers.
Two years after the heavy hitters in the publishing industry colluded with Apple in order to
fix the
price of e-books, most of the
legal dust has finally settled.
After countless hours of
legal battle, Macmillan has finally agreed upon a settlement that appeased Judge Denise Cote and the plaintiffs in the lawsuit that alleged five of the Big Six publishers conspired with Apple to
fix the
prices on ebooks sold through online retailers.
-- Scrivener's Error with some deep
legal and publishing neepery about the DOJ e-book
price fixing lawsuit
Slipping on a Few Antitrust Banana Peels — Scrivener's Error with some deep
legal napery on the DOJ's ebook
price fixing investigation.
-LSB-...] years after the heavy hitters in the publishing industry colluded with Apple in order to
fix the
price of e-books, most of the
legal dust has finally settled.
New court reports this week suggest Apple (s aapl) is sinking ever deeper into
legal quicksand, as the company fights a court judgment over ebook
price -
fixing that could ultimately cost it close to $ 1 billion dollars.
It takes a look at the recent Department of Justice announcement that they will be pursuing
legal action against Apple and the «Big Six» of publishing for
price -
fixing.
I was frankly disappointed that there wasn't a bigger
legal and settlement fallout from some of the revelations about
price fixing.
Tags Amazon antitrust Apple Books companies conspiracy e-books hagens berman Justice Department
legal media & publishing PaidContent
price -
fixing
Apple's ongoing
legal battle over e-book
price fixing charges draws another step closer to an end.
Since we now know that three of the Big 6 publishers have already settled with the US Department of Justice to avoid an ongoing
legal defense of their
price fixing arrangement, that is all more or less irrelevant.
The court ended a long - running
legal battle with a big blow to Apple, calling its ebooks
price -
fixing scheme «the supreme evil of antitrust.»
Amazon accused them of
price -
fixing and went after them through the
legal system.
@Mitzi H. It's called retail
price maintenance which was made
legal in 2007 although given that
pricing is set by Apple, it could be
price fixing but Apple doesn't have a monopoly on book sales.
While some «out of scope» clients have muddled along with the help of
fixed price packages, friends and payment instalments, other clients have felt the withdrawal of
legal advice acutely.
Where lawyers who do not want their jobs to depend upon on billing a high number of hours would not need to bill a high number of hours: Under a corporate structure, there would be no «leveraged pyramid» for partner compensation,
fixed prices would be determined by professionals skilled in the
pricing of
legal services, and the lawyers» jobs would depend upon their productivity.
Some of our services remain eligible for
legal aid; those that are not are provided at a
fixed price, so people need not fear the uncertainty of not knowing what the service will cost them...; We offer modular [unbundled] services, so that we can put together bespoke packages that suit everyone's pocket; We offer extended services by phone and email, so that people who do not want to come into an office don't need to (whether it's because they are simply busy or because they've been subjected to violence and prefer to remain in a place where they know they are safe); We offer flexible hours, including evenings and weekends; We demystify law by talking to clients in plain English...
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.»
Fixed -
price legal services.
«
Fixed price, fixed scope legal services are just a continuation of
Fixed price,
fixed scope legal services are just a continuation of
fixed scope
legal services are just a continuation of that.
As a result, it provides the parties involved with a negatively defined
legal certainty in that they know what the effect will be of having, say, a
price fixing clause in an agreement.
The Goitia Law Firm — offers online Florida unbundled
legal services through a client portal with a focus on
fixed fee
prices.
-- this type of
pricing model offers a
fixed monthly fee under either a global retainer covering all the
legal work or a specific retainer covering identified aspects of the work.
Trends are showing consumers of
legal services are starting to look for
fixed or capped fee structures, are wanting more value at a lower
price, and are not necessarily looking to traditional
legal resources for
legal services, they're going to innovative professional service firms that offer a wider range of options.
A key message in the Co-op's move into
legal services is expected to be a low -
price,
fixed - fee tariff for family work.
Legal principle must try «to keep the law abreast of the society in which [the judges] live and work»: «If the law should impose upon the process of «growing up»
fixed limits where nature knows only a continuous process, the
price would be artificiality and a lack of realism in an area where the law must be sensitive to human development and social change... Unless and until Parliament should think fit to intervene, the courts should establish a principle flexible enough to enable justice to be achieved by its application to the particular circumstances proved by the evidence placed before them.»
Voted Most Innovative Law Firm in Canada 2015 and 2016,
Legal Logik offers legal services for the modern era with fixed - pricing, innovative online service packages and an expert team of industry - leading attor
Legal Logik offers
legal services for the modern era with fixed - pricing, innovative online service packages and an expert team of industry - leading attor
legal services for the modern era with
fixed -
pricing, innovative online service packages and an expert team of industry - leading attorneys.
Moreover, given our own focus on cost control (we own our own office space, for instance), we can offer flexible and, where appropriate,
fixed pricing for certain
legal work in order to provide greater cost certainty for our clients.
The firms fear the rising number of
fixed - fee requests will hit their profitability and force them to make permanent adjustments in
pricing practice, according to Thomson Reuters
Legal annual research among finance directors at the top 100 UK law firms.
A marketplace for businesses in need of specific
legal projects performed by vetted, freelance - attorneys at guaranteed
fixed prices.
For an in - depth
legal position such as an ebook
price fixing case, 1250 words is very little so if you have the ability why not harness the power of a picture being worth 1000 words and submit the equivalent of a 11250 word brief?
Despite this, lawyers should be looking for opportunities to switch to flat - fee
pricing models and innovating around new
fixed - fee
legal offerings.
By itself, the practice of
pricing tickets based on demand, not a
fixed face - value, is
legal.
The billable hour (which shifts all the risk of unexpected developments onto the buyer) is convenient for lawyers while
fixed fees (which provide welcome predictability around the final
price for a
legal service) are convenient for clients.
Over the next five years we want to fundamentally change the face of
legal services and make access far easier — today's announcement underlines that ambition... We believe that the presence of The Co-operative's trusted brand and values, our UK - wide branch network, first class people and services together with fair and
fixed pricing options, will enable customers to find it much easier to access expert
legal advice from someone they trust.»
With the growing trend of
fixed fee
pricing, alternative fee arrangements, and other pre-arranged cost structures for
legal work, it is more important than ever for a researcher to know several things that don't relate to the problem their research is attempting to answer:...