Sentences with phrase «increased fee pressure»

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
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