Sentences with phrase «hourly fee arrangements»

We provide representation under a variety of fee structures, including reasonable hourly fee arrangements, contingency fee agreements in appropriate cases, and hybrid or mixed hourly and contingency fee structures.

Not exact matches

I can structure almost any kind of fee arrangement agreeable both parties, but I have no hourly billing rates.

Hourly Fee / Retainer: This is the most traditional type of attorney - client fee arrangement and involves paying for the attorney's time at that attorney's hourlyHourly Fee / Retainer: This is the most traditional type of attorney - client fee arrangement and involves paying for the attorney's time at that attorney's hourly raFee / Retainer: This is the most traditional type of attorney - client fee arrangement and involves paying for the attorney's time at that attorney's hourly rafee arrangement and involves paying for the attorney's time at that attorney's hourlyhourly rate.

The same goes for converting an hourly fee agreement into a contingent fee arrangement or asking a client to sign a confession of judgement.

I view s. 33 (1) and (2) as permitting, despite other statutes, all kinds of fee arrangements contingent upon success, and not just hourly rate multipliers.

In many cases, our fee agreements are hybrid arrangements that combine a substantially reduced hourly rate with a contingent payment tied to the outcome in the case.

That means using hourly billing, flat fees, contingent fees, and hybrid arrangements to suit each matter best.

Our cost structures differ from Big Law allowing us to move away from out - dated and inefficient hourly rate pricing and towards innovative and value - based fee arrangements.

Whether you bill hourly or use alternative fee arrangements, knowing how much work you're putting into a matter versus how much you think you should or want to put into it is critical.

Law360 reports that BTI Consulting Group has published a recent survey that shows out of $ 21.3 billion spent by chief legal officers inside top U.S. corporations, alternative fee arrangements to hourly rate arrangements accounted for 35.6 % of total spending in 2015, up 20.5 % from 2012.

Variations of hourly billings, fixed fee billing, contingent fee arrangements and other forms of «alternative billing» are no longer merely isolated experiences.

Ken Callander shocked some of the audience by describing alternative fees, including those for litigation: «In my practice, I work with companies» in - house departments, moving them off hourly fees and on to value - based fee arrangements.

Fee arrangements other than hourly billing have been around for a long time.

Typically New Law offers flexible fee arrangements (flat fees are common) or charge a much lower hourly rates due to lower overheads.

Serving a moderate - means client base, the ULG provides relatively simple, short - term legal services and offers flat - rate fee arrangements or hourly rates of $ 50 to $ 80 per hour, depending on client income.

«With increasing demands for predictable budgets in traditional hourly matters and the growth in fixed - fee and other alternative fee arrangements with clients, Parker Poe needed a solution that would help the firm manage these client needs more effectively and to do so profitably.»

In the simplest terms Alternative or Special Fee Arrangements are agreements between a law firm and a client to provide compensation to the firm based on a structure other than hourly billing.

People have been talking about the demise of the hourly rate for twenty years, but I think now with it being a buyer's market, clients are really pushing for their law firms to get off hourly rates and move to other types of fee arrangements that give them more predictability and forces the firms to be more efficient.

Unlike civil lawyers who may charge hourly rates, you will always know up front what our fees are and the arrangements that can be made to make instalment payments if needed.

Topics may include, for example, how to create a business plan, the key elements of an engagement letter, how to choose your niche, and how to decide between different billing arrangements such as contingency fees, hourly rates or flat fees.

While all panelists agreed that profitability is most important, each gave different ideas of how to respond to requests for alternative fee arrangements, from fixed fees and discounted hourly rates, to finding opportunities for the firm and their client to «split the difference» when certain milestones are achieved at greater - than - expected margins.

If you're not bringing up alternative fee arrangements, and are still only quoting hourly rates, beware: your time in business is limited.

We tailor our fee arrangement to meet your needs, whether it's an hourly, flat, contingent or hybrid relationship.

The general theme is this: hourly billing frustrates clients; firms need to find new ways to add and show value — and the best way is through alternative fee arrangements that clients are gravitating towards in droves.

Another area where technology could prove useful is in platforms that could more easily accommodate value - based fee arrangements as opposed to hourly billing.

Moreover, as law firms move toward alternative and fixed - fee arrangements, they're far more likely to use paralegals, whose rates are tied to the fixed fee and not billed hourly.

It's a natural reaction for lawyers and law firms to resist it because they would like to retain the hourly billing at a non-budgeted amount, but there are lawyers and firms that actually come to the table and offer the alternative fee arrangement — it could be a cap on certain things, or a volume discount.

While not a retainer, moving from an hourly to a flat fee arrangement will allow a lawyer to take in money upfront, with the potential to avoid trust accounting requirements as well.

Some flat - fee arrangements can actually be more lucrative than an hourly arrangement, especially if the work is routine and predictable.

Over the 12 - month period ending December 31, 2015, 9.4 percent of matters submitted and processed via the CounselLink solution were invoiced, at least in part, under a fee arrangement other than traditional hourly billing.

Hybrid arrangements (e.g., hourly rate + fee cap) can also work.

«None of this work will be billed at hourly rates but rather will be competitively priced through fixed - fee arrangements that will vary depending on our clients» requirements.»

Variations of hourly billings, fixed - fee billing, contingent fee arrangements and other forms of «alternative billing» are no longer merely isolated experiences.

In addition to our standard hourly billing, we offer flat fees, blended rates, partial contingency arrangements and capped fees.

The Database is used by both private Law Firms and Corporate Counsel worldwide to effectively price the legal services offered or received either in Hourly Rates or Alternative Fee Arrangements (AFAs) such as Fixed Fee, Transaction Fees, Fixed + Hourly Rate, Collars, Caps, Contingencies and Bonus pricing schemes.

These will form the basis of its move towards alternative fee arrangements, where it has approached firms with a menu of different arrangements, with the ambition of moving entirely away from the hourly rate.

Fee Arrangement: Unlike most New Jersey commercial litigation law firms, we are creative on our fee arrangements, and we often take commercial litigation cases on partial contingency basis / partial hourly basFee Arrangement: Unlike most New Jersey commercial litigation law firms, we are creative on our fee arrangements, and we often take commercial litigation cases on partial contingency basis / partial hourly basfee arrangements, and we often take commercial litigation cases on partial contingency basis / partial hourly basis.

We offer alternate fee arrangements for certain types of cases, however, most cases require a retainer deposit and our time is charged hourly.

«An Hourly Shift: Law Firms See Alternative Fee Arrangements as Here to Stay» by Kim Lyons (Pittsburgh Post-Gazette) >> READ ARTICLE

Over the 12 - month period ending June 2013, 9.7 % of matters submitted and processed via the CounselLink solution were invoiced, at least in part, under a fee arrangement other than traditional hourly billing.

Due to its expertise in Attorney Hourly Rate and Alternative Fee Arrangement (AFA) or Alternative Billing Arrangements Pricing for individual Attorneys at over 1,200 Law Firms including the Top 200 by Annual Revenue Size, Magic Circle and other large regional, middle - market, small and boutique Firms, Valeo has been used as a primary source and cited for articles in the major law and business publications.

Competition for corporate, business and individual clients will cause traditional hourly billing rates to be replaced by variations of hourly billing arrangements, contingency and fixed fee and combination of these alternatives.

In other words, a significant proportion of arrangements that are ostensibly hourly billing based, are in fact fixed fees in all but name only.

One way they are tackling these challenges is by replacing conventional hourly billing with a variety of alternative fee arrangements (AFAs).

ALTERNATIVE FEE ARRANGEMENTS Your firm should consider alternative fee arrangements in which an agreed - upon fixed fee is charged instead of an hourly fee based on time speFEE ARRANGEMENTS Your firm should consider alternative fee arrangements in which an agreed - upon fixed fee is charged instead of an hourly fee based onARRANGEMENTS Your firm should consider alternative fee arrangements in which an agreed - upon fixed fee is charged instead of an hourly fee based on time spefee arrangements in which an agreed - upon fixed fee is charged instead of an hourly fee based onarrangements in which an agreed - upon fixed fee is charged instead of an hourly fee based on time spefee is charged instead of an hourly fee based on time spefee based on time spent.

The company has announced that it will no longer pay hourly attorney's fees, opting for alternative billing arrangements with select law firms.

Or they refuse hourly arrangements altogether and insist on fixed or flat fees and other alternatives to hourly billing.

It almost always makes sense to at least discuss with your lawyer billing arrangements other than straight hourly fees.

We also offer blended fee arrangements that include a reduced hourly rate and a contingent fee component.

Throughout his career, Ladd has represented clients under hourly, contingent and hybrid (mixed - hourly and contingent) fee arrangements.