Not exact matches
This can result in prices being
increased significantly, which in itself can undermine the player's confidence as they feel a
pressure to perform because of their
fee.
Following public
pressure from the City Council, the Chicago Park District on Wednesday agreed to cut an admission
fee increase for Chicago residents at the Art Institute of Chicago that was scheduled to take effect May 23.
In November 2009, the NUS persuaded 400 Liberal Democrat candidates, including Clegg, to sign a pledge to vote against any
increase in
fees in the next parliament and to
pressure the government to introduce a fairer alternative.
The Coalition government's proposed reforms to tuition
fees announced in November 2010 provoked huge controversy, not least because many Liberal Democrats, including Nick Clegg, Vince Cable and Sir Menzies Campbell, had signed the NUS «Vote for Students» pledge «to vote against any
increase in
fees in the next Parliament and to
pressure the government to introduce a fairer alternative».
An investigation launched by Tes has found that exam boards may be set to
increase their
fees for schools and are considering cuts to subjects in reformed GCSEs and A-levels, as they struggle with financial
pressures.
Similarly, universities remain under
pressure to justify their ever -
increasing fees and persuade young people that a degree is a worthwhile financial investment.
As we outlined in our recent white paper, Capitalizing on Disruption: Transforming Asset Managers for 2020, regulatory initiatives, the growth of passive products, and the
increase of
fee - based advisory business are all exerting downward
pressure on mutual fund
fees.
With
increasing pressures on our resources we are implementing a discounted
fee of $ 60.
When renting cars from car rental agencies, we are often
pressured to purchase extra protection like the Auto Collision Damage Waiver (CDW), which is an extra daily
fee which can really
increase the cost of your car rental.
Paying disbursements as incurred was a natural evolution to our ATE product offering, especially as law firms are coming under
increased cash flow
pressure as a result of fixed costs and higher court
fees.
As Alex Novarese of Legal Week is right to point out, overall revenue in the UK legal market last year fell for the first time in living memory, but even if the overall size of the legal market in the UK remains static or falls (a tussle between the opposing forces of economic growth
increasing demand on the one hand and business
pressures to reduce
fees and outsource on the other), market dynamics dictate that the revenue will be clustered differently, with the moderate - high
fees currently enjoyed by the mid-tier for mid-market work under the most severe attack, the beneficiaries being niche firms and LPO providers.
Even as the recession eases, corporate clients continue to
pressure their law firms to cut costs,
increase efficiency, and move to fixed
fees and alternative
fee arrangements (AFAs).
The court criticized the conduct of one of the firms, noting that they gave Mr. Clatney incorrect legal advice and effectively
increased the
pressure on him to agree to their demands for legal
fees.
In addition, mounting
fee pressure from clients, generation Y / millennial working practices and technological change are all resulting in greater
increased flexible working practices.
As he considers various strategies to maintain profitability — and even improve it — in the face of
increasing competition and client
fee pressures, he realizes how alone he is.
There are a number of trends currently facing the legal profession (
increased client sophistication,
fee pressures, stagnant growth, the number of lawyers growing at a faster rate than the general population, succession planning needs and an
increased emphasis on non-traditional skills — see the CBA Futures Report for a more fulsome list) that make the traditional practice model difficult (impossible?)
It's becoming more and more difficult to justify bare - bones competence in the face of
increasing pressure to become efficient enough to embrace business models like flat -
fee services.
Pricing
pressures also affected profits: several senior corporate partners or firm managers noted
increased competition for underwriting work, resulting in lower
fees last year; and push back on rates continued to be a concern in many practice areas, especially litigation.
The statement said such forms can benefit consumers by
increasing access to legal services and exerting downward
pressure on legal
fees.
Keoghs» move comes at an important time for the insurance market, with
increasing pressure on legal
fees for «process work» and with now several other large insurance law firms, such as Kennedys and Weightmans, also looking to tap AI and automation.
Profit squeeze: Mid-size law firms will continue to be affected by a «profit squeeze» resulting from (a)
increased overhead due to higher associate and staff salaries and benefits; (b) higher automation costs, professional liability insurance and marketing expenses; (c) partners» unwillingness / inability to
increase hourly
fee rates for «commodity» type work to off - set higher overhead; (d) enhanced client scrutiny of hourly rates, hours to produce work and lawyer and paralegal staffing of work assignments; (e)
pressure by corporate counsel for law firms to absorb more of the «soft costs;» (f) slower paying clients, that affect cash flow and hence the availability of distributable dollars for partners; and (g) a great many mid-size law firms are burdened with higher debt.
In the face of
increasing pressure from regulators and greater exposure to litigation and international arbitration, combined with the prevailing economic climate, businesses are looking for increasingly flexible
fee structures from their legal advisers.
With corporate claims and law departments under
increasing pressure to manage costs and prove their worth to their organizations, Alternative
Fee Arrangements (AFAs) are becoming a key tool in helping lower costs,
increase predictability and manage matters.
The goal, while laudable for the ecosystem may be challenging given the current difficult climate for bitcoin exchanges, which have suffered due to the digital currency's long periods of price stability,
increased competition and a
pressure to lower
fees in 2015.
In reaction to
increasing costs and
pressure to reduce commission rates, some brokers have begun to charge transaction
fees.
That
increases the
pressure on practitioners to discount their
fees.»