Sentences with phrase «from flat fee billing»

Not exact matches

Economic pressures to reduce legal costs is the primary force behind a growing number of firms moving away from the billable - hours model to new alternative billing models such as fixed, flat, blended or capped fees.

After years of debate, it seems the tide has shifted from a critical — almost disdainful — view of flat - fee billing to a more willing discussion that even encourages the transition away from hourly billing.

Clients need new approaches to fees, staffing and billing — including a shift from hourly to flat rates, he said, but when they've reached out to the largest Am Law firms for solutions, they are told «We're not sure we know how to do that.

Here's the key finding: Clients need new approaches to fees, staffing and billing — including a shift from hourly to flat rates, he said, but when... Continue Reading

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

Despite the perceived benefits of flat - fee billing, most lawyers don't have a clue about how to transition from the billable hour to a flat - fee system.

From day one, we started with hourly billing, flat fees, both of which are fairly standard in our kind of legal practice but we wanted to try something new.

Our revenue growth comes from two sources: new clients fed up with the value - insensitive system of hourly billing, and increased efficiency driven by our flat - fee system.

This may not work for every practice area, but most lawyers can benefit from adding flat fees to their billing toolboxes.

We provide for a flat rate fee per month a full suite of accounting services from after - the - fact cash basis services to full service payroll, bill pay, receivable and management reporting for law firms.

But now, tired of subsidizing law firm gravy trains, large corporate clients are forcing firms to offer alternative billing arrangements, such as flat fees, volume discounts and banning new associates from working on matters.

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..)

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

In a divergence from traditional billing practices, Paul seeks to fulfill his commitment to accessibility by offering clients a range of customizable solutions that includes flat rate fees, unbundled services, and limited scope representation.

From flat fee payment arrangements to approaching legal matters from a project management perspective, traditional hourly billing models no longer define the legal indusFrom flat fee payment arrangements to approaching legal matters from a project management perspective, traditional hourly billing models no longer define the legal indusfrom a project management perspective, traditional hourly billing models no longer define the legal industry.

Others may bill from the get - go with an hourly rate or flat fee if they think the consultation will entail considerable time.