Despite the fact that women perform at a high level in terms of
high client billings and other important aspects of legal practice, they were not receiving rewards similar to those offered to similarly achieving men in terms of partnership in a firm.
Not exact matches
This can be as small as 1 % off for
clients who pay within 10 days; in Dunn's experience, even a tiny markdown will open the wallets of customers, especially those with
higher bills.
One reason, says Eisinger, is that court rulings have taken away tactics that prosecutors had used to pressure defendants, such as restricting attorney -
client privilege and preventing their companies from bankrolling sky -
high legal
bills.
Hedge fund manager
Bill Miller warned
clients that a rush out of bonds is about to drive equities even
higher.
His words have made me a more thoughtful person — always trying to pay for the
bill, cleaning up after others long after a
high school tennis match is over at a public park, and giving consulting
clients more time without charging more.
If your
high - net - worth
clients are looking for somewhere to stay active and enjoy retirement, these locales may fit the
bill.
However, athletes that reach those
high protein needs are about as rare as lawyers who under -
bill their
clients!
Our
clients usually panic when they get these statements because they are expecting a 0 or very low payment and instead get what appears to be a
bill with a
higher amount.
Private or Second Mortgages make sense when
clients do not want to lose their preferred rates on their existing mortgages, or if the prepayment penalties for the existing mortgages are too
high, or if the funds are only needed for a short period or to consolidate
bills etc..
Bill - we have seen
clients Purchase with FHA that just barely qualified and then refi'd them a year later with scores 100 - 150 points
higher thanks to their Home Purchase.
Positive feedback goes a long way in setting a standard, ensuring the
client is paying for quality care — and, therefore, can expect a
higher pet
bill.
Martin is best known for representing such
high - profile
clients as Michael Vick, NBA players Allen Iverson and Jayson Williams, former Atlanta Mayor
Bill Campbell, Monica Lewinsky, and former Prince George's County Executive Jack Johnson, though his background includes a stint at the U.S. Attorney's office «where he quickly rose up the ranks, prosecuting drug dealers, politicians, white collar criminals, corporations, corrupt cops, and organized crime figures.»
Jeffrey R. Holmstead, a lobbyist at Bracewell & Giuliani representing energy companies and other
clients, who was formerly Mr. Bush's lead regulator of air pollution at the Environmental Protection Agency, said he thought Mr. Bush could have done a better job pointing out the
high costs of climate
bills being pushed by Senate Democrats and some moderate Republicans.
In a meeting with the
clients, they put me on the spot and asked me why the energy
bills were so
high.
Even if they make partner, conditions can be difficult for women in traditional law firm partnerships: In its 2015 survey of 73 of the country's largest firms, the National Association of Women Lawyers (NAWL) reports that, among other discriminatory practices, men outpace women in obtaining rainmaking credits, and there is a gender gap in revenues generated from
client billings, even as women partners report
higher working hours.
Many
clients have a threshold approval level for the amount of
bills they can pay without
higher level approval.
In their May 19, 2016 ruling the province's
highest court said that two Ottawa law firms should not be able to avoid the assessment of their accounts, which allows
clients to have a court official review their lawyers»
bills to ensure they are fair and reasonable.
We purchased the
highest - level case management software (Amicus Premier) to assist with law firm management,
billing,
client portal options, email integration, paperless options, and document assembly.
Junior Work Done at Senior
Billing Rates In most firms, senior attorneys are
billed out at
higher hourly rates than junior attorneys, and
clients want to see tasks being performed in the most efficient manner possible for them: if a $ 150 / hour associate can draft a
client update in the same time and at roughly the same skill level as a $ 450 / hour partner, then the
client will not want to pay three times the amount for the same result.
Combined with excellence in terms of speed of delivery, efficiency and overall effectiveness in turn justify acceptably
high prices that convert to
client billing charges.
Would you advise a
client who faced a
high six figure / low seven figure risk (often more if
billings are averaged over 3 - 5 years), not to take independent advice?
With efficiencies gained from an integrated technology solution, including a practice management platform, legal research platform, legal calendar software, legal
billing software and an automated drafting tool, general practitioners achieve a 12 %
higher client satisfaction.
When it comes to ethics complaints, nothing stirs the pot with a disgruntled
client like a
bill they believe is too
high — and if they're already unhappy, they are bound to think your
bill is unreasonable.
From a
client's perspective, I think the legal
bills are
higher than ever.
In fact, many
high - volume firms are perfectly happy with all C
clients: they don't cost a lot to service, they pay their
bills on time, and they're easy to deal with.
(See my post «How the Legal Industry's Pursuit of Leverage Pits the
Client's Interests Against Those of the Law Firm» — where I recount my chief financial officer friend's receipt of a
bill from an AmLaw 100
highest revenue firm for tax law advice from two of its junior lawyers whose the AmLaw 100 employer considered them sufficiently incomplete in their qualifications that it charged my CFO friend for their «supervision» by — of all specialties — a partner in the real estate group!)
They now get together several times a year to go to musicals rather than hockey, his
billings have gone up exponentially — not just because of a
higher hourly rate — and the
client relationship is more solid than ever.
Law firms will be happy because they are
billing high rates for «
higher end» work — for which
clients will gladly pay.
Dechert has been dealt a blow in its long - running # 16.3 m fee dispute with former
client Eurasian Natural Resources Corporation (ENRC), after a
High Court judge questioned the legitimacy of the
bill.
Before you take funds out of trust to pay this invoice, the
client calls and says they think your
bill is too
high, and that they only owe you $ 7,000.
Though $ 1,000 / hour
billing rates aren't scaring off large firm
clients, the
high cost of lawyers» fees, particularly in recessionary economic times, is a major factor driving the growth of pro se representation, reports USA Today.
Refunding several hundred thousand dollars may be a costly way to make this case go away, but it seems that cost of litigating it (and divulging its
billing records or risking the creation of an explicit and heightened fiduciary duty to
clients with respect to fees) are even
higher.
You should use
billing software for lawyers to produce expense reports to assure
clients your retainers are not too
high — and to assure -LSB-...]
And presenting a
client with an unexpectedly
high bill is not advisable.
Firms confront a number of
client challenges: (1) dissatisfaction and failure to address it; (2) insufficient knowledge of the
client's business; (3)
high, unpredictable cost; (4) inefficiency and an economic model that «applies brute force» (read: lots of
high - priced lawyers
billing loads of hours) accompanied by a failure to assess appropriate value to task / cases from the
client perspective; (5) failure to deploy technology to streamline operations and provide enterprise solutions; (6) an absence of process and project management; (7) a transactional approach to
client matters rather than one that provides enterprise solutions; and (8) poor customer service.
Some law firms
bill at a
higher rate on business matters if the attorneys obtain a favorable result, such as negotiating a contract that saves the
client thousands of dollars.
Other key figures include Ben Lowans, who handles investment negligence cases on behalf of
high - net - worth individuals, in addition to acting for lenders in
high - value disputes;
Bill Gilliam, who acts for commercial
clients; Joe Wilkinson, whose construction litigation expertise makes him a natural choice for professional negligence cases in that area; and managing associate Lee O'Sullivan, who attracts praise for his «redoubtable defence of valuer claims».
First, your
clients will hear about your
high billing rates.
Meanwhile, from day one, the associates learn firm culture and how to provide
high quality services to well - heeled
clients billed in units of time.
Howell's practice focuses on the representation of
clients in
high - stakes government investigations and enforcement actions involving alleged securities and accounting fraud, healthcare
billing and recordkeeping improprieties, bribery and corruption, and violations of the Civil False Claims Act.
As part of this arrangement, the plaintiff elected to change his compensation from a base salary to an hourly compensation plan, where he would be paid a
higher rate for each hour
billed to the
client, but would be «benched» (not paid) for any time that was unbilled.
Although your
clients might not be willing to pay
higher fees right now, you can use legal
billing software to better manage your receivables, effectively increasing revenue without actually raising rates.
Virtual Law Firm Chooses Cloud - Based Time
Billing App for Effectiveness & Ease of Use Profile The Advocates Law Group provides
high quality, cost - effective legal services for businesses and individual
clients in the Pacific Northwest.
Mr. Feldman's
clients have included companies such as Amgen, T - Mobile and BHP Billiton, as well as
high - profile individuals such as Alec Baldwin and
Bill Koch.
While all FLEX
clients benefit from
high quality, cost effective rates and predictable legal
bills, those that are Fenwick
clients also have the advantage of FLEX services being well integrated with the work Fenwick is handling.
It might come as a surprise to most people that it's legal and accepted by our courts to increase the hourly rate without advising you, or to round up hours to a
higher amount, or add on a «premium» for a lawyer's success in court to a
client's
bill.
With his vast experience serving startup
clients, Ralph knew there were times
clients would benefit from a
high quality, less expensive option for day - to - day legal needs with predictable
billing.
(i) in the past, many corporate counsels were willingness to pay unreasonably
bills that included
high associate rates because they were spending other people's money or putting their interests ahead of their
client (i.e. the corporation);
Further, some firms expect to make up up that initial loss in the lawyers» second and third years because they will be able to assume more responsibility and
bill clients at
higher rates, justified by their greater experience.
With hourly
billing, the
client bears the risk of
higher fees, complications and delay.