Sentences with phrase «flat fee billing structures»

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

Not exact matches

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.

We have already started to see attorneys change billing to more of an «a la carte» flat fee structure, and as young attorneys get more comfortable with what certain jobs take to complete, I expect we will see more and more of that.

The Barreau argues that law firms using the hourly billing method are not serving the interests of the partnership with clients, that the firms should be doing a better job serving the interests of clients whether those interests lie in the efficiency of a fixed or flat - fee structure, or the predictability of a fee that's conditional on outcome or duration.

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

Tarlton's article focuses on four law firms that are reinventing the practice of law through delivering corporate services in unconventional ways, offering flat fees and other value billing models, eliminating vestiges of traditional law practice like a partner - associate structure.

Fee Structure Lawyers generally bill by the hour, while in some circumstances flat fees may be offered.

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

You can bill time or flat fees, but for more exotic billing structures, you will have to get creative.

March 16, 2011 - Local governments across the country are increasingly instituting flat - fee structures used to bill drivers for police and fire departments» response to traffic accidents.