Sentences with phrase «hourly fee structure»

Changing from an hourly fee structure to flat, fixed or negotiated fees is a necessary but not sufficient condition to take an OldLaw firm into the NewLaw world.

Following the lead of non-lawyer ILSPs, law firms can also move away from traditional hourly fee structures and instead «unbundle» services, charging a flat fee for limited services or document production.

Not exact matches

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

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.

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

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.

Lawyers registered with the site browse the postings and then bid for the work, choosing an hourly, contingent or a flat fee structure.

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.

That is why we abandoned the traditional «hourly billing» pricing model in the majority of our practice areas and adopt the more client friendly fixed fee and performance related pricing structures.

Go into your free legal consultation with an understanding of how lawyers structure their hourly and flat fees rates, and which structure is best for you.

What was the problem you were trying to solve by offering those fee structures instead of hourly fees?

A contingency fee structure means the adverse party loses the negotiating leverage of high hourly fees.

Matrimonial matters, civil files, and other types of litigation may be structured on an hourly rate, contingency basis, or block fee, depending on the nature of the case.

In conclusion, Molot argues that «[a] revised structure would give all of a firm's constituencies what they so badly crave: a law firm focused on long - term, value - added relationships rather than hourly fees and current billings.»

If firms are not radically reducing their cost structure, basing fees on cost of production rather than the amount they would earn if billing hourly, they are not doing the things that create real savings for clients.

All fee structures are not the same, but most personal injury lawyers use a contingent fee basis rather than charging an hourly rate.

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.

A widespread rejection of the hourly rate billing model leaves many firms struggling to come up with a viable alternative and without the capability to re-engineer their business model to support these new fee structures.

Cost - How are the lawyer's fees structured - hourly or flat fee?

It works on either a traditional commission basis, a flat fee structure, an hourly rate or, according to Williams, «another fee structure we haven't even thought of yet.

Then watch the brokerages compete for the best, most professional consultants / advocates by offering them higher fee structures and / or salaries, but no commission splits, because the brokerages will be paid via up - front retainers, and thence set fees and / or hourly rates for their expertise by consumers, just as lawyers are paid.