Sentences with phrase «flat fee billing»

As a result, I've opted for flat fee billing for these projects.

Some lawyers find it more effective to use hourly billing for some practice areas and flat fee billing arrangements for others.

I also think flat fee billing structures hide the sins of some students.

As anyone who has tried flat fee billing knows, it's important to balance the potential risk of such billing between you and your client.

With flat fee billing, the goal is to become more efficient, not less efficient.

Criminal, bankruptcy, and many estate planning lawyers have been using flat fee billing for years.

I have zero clients demanding flat fee billing for litigation matters.

This has been a popular choice with my clients who appreciate the certainty of flat fee billing.

However lately there has been a growing trend to move towards flat fee billing.

You don't have to switch to flat fee billing entirely.

Many firms report that they feel the pressure to reduce rates and / or provide flat fee billing.

In our case, we use the resources external investors provide to invest in technology and adopt alternative billing structures, such as flat fee billing.

The benefit to clients from flat fee billing is not necessarily lower costs as one might think.

Flat fee billing arrangements like ours present a huge opportunity for both law firms and clients to move completely away from the hourly rate system and its associated problems.

If flat fee billing is leading you to overworking yourself and undervaluing your skills, it may be time to consider a switch.

Ask about flat fee billing options.

Schmidt further advised that when considering between flat fee billing and the billable hour that you should consider your practice area: «Flat fees are common for transactional work and criminal defense, while hourly is still popular for most litigation.

We were looking for billing software that delivered advanced billing functionality, namely flat fee billing, to meet our clients» requirements.

For years, research has shown that firms are increasingly feeling pressured to reduce rates and / or offer flat fee billing.

Depending on your circumstances, the Hart Law Firm offers hourly and flat fee billing for its collaborative clients.

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.

Flat fee billing is great for some situations and terrible in others.

Scale and access to non-legal management expertise give a firm access to the two factors you correctly identify as key to flat fee billing: predictability and repetition.

Moving from an hourly fee to a flat fee billing structure requires a lawyer to take on risk.

Flat fee billing is just a happier and more efficient way to practise.»

I discuss the benefits to project and flat fee billing and it still amazes me each time when I hear «that is so much easier than the way we were doing it».

Add to that, five ways to bill, hourly billing, flat fee billing, project billing, retainer billing and reoccurring billing.

For these projects specifically, flat fee billing was an obvious choice.

Learn from lawyers who take a modern or nontraditional approach to their practice (i.e. limited scope representation, flat fee billing, virtual offices, access to justice / pro bono work, etc.) Panel members include: Erika Holmes, ELHOLMES LEGAL SOLUTIONS, LLC Rehan Hasan, Hasan, LLC Yev Muchnik, ESQ Legal Ellen Trachman, Trachman Law Center

Whether your firm does contingency, hourly, or flat fee billing — Perfect Practice ® is adept at handling the requirements of any size law firm.

Flat fee billing is growing in use and if your competitors start to offer that option, you risk losing significant business.

For example, we have found that coverage opinions are well - suited to a flat fee billing arrangement.