Sentences with phrase «of traditional billable hour»

Not exact matches

Those against raised the specter of abuse (there are several questionable agents in Writer Beware's files who soak their clients for billable hours while doing little or nothing to place manuscripts with reputable publishers), the loss of agents» entrepreneurial edge if they got paid no matter what (the fact that the agent profits only when the writer does is at the heart of the traditional author - agent relationship); and, of course, the possibility that only wealthy writers could afford to have agents.

Is this deliberate on the part of the vendors to cater to the traditional law firm culture of the billable hour?

Tying this back into the evolving billing model that is emerging in the legal sector, this may mean sacrificing a bit on the traditional billable hour model in order to make sure the client is happy with the cost of your services, as well as the quality.

Nadia Haque, Associate, Radiant Law: Haque explains that even if she is ambitious and wants to succeed, she does not want to do so in the environment of a traditional law firm and its focus on billable hours.

For example, there is the usual agonising over the future of the billable hour and a reference to the debate about whether the traditional law «Cravath» pyramid model of legal partnerships — these are issues causing distress to lawyers all around the world.

«Plainly, the imposition of budget discipline on law firm matters forces firms to a very different pricing model than the traditional approach of simply recording time and passing the associated «costs» through to the client on a billable - hour basis [italics supplied by me].»

Although she loved the work that she did and the awesome clients she served, Radiance realized that she was not a fan of the traditional law firm or billable hour model, and neither were her clients.

I have written before about how lawyers can use unbundling as part of a marketing strategy for their law firms to differentiate themselves from traditional full - service law firms that stick to the billable hour model.

Indeed, the practice and business of law lives up to the old adage that «time is money,» and survey respondents report that, on average, 72 percent of their fees are based on the traditional billable hour model.

Much of modern practice requires software intervention, and it is only natural for today's client - cum - consumer to expect technology will afford them some savings and relief within the traditional billable - hour model.

Finally, the traditional way of pricing legal services is based upon billable hours, or time spent.

he has a bird's eye view of how pricing pressure and other changes are shattering the traditional practice model centered around the billable hour and paper - intensive workflows.

Instead, often due to budget restrictions from clients, attorneys now perform 80 % to 90 % of their work outside of what we know as the traditional billable hour, shifting to more task - based billing.

This impedes on a large percentage of billable hours (see above) a traditional legal firm would impose on a client.

Matters are increasingly moving away from the traditional billable hour to various types of alternative fee agreements.

Plainly, the imposition of budget discipline on law firm matters forces firms to a very different pricing model than the traditional approach of simply recording time and passing the associated «costs» through to the client on a billable - hour basis.

If you follow my blog, you know I am a fan of disrupting traditional methods of practicing law, which includes the billing method, a.k.a the infamous billable hour.

The traditional models of adversarial advocacy, all - or - nothing representation and the billable hour that have proved profitable — albeit to a diminishing extent — for this generation of lawyers are not acceptable to sophisticated millennial consumers.

Billable Hour + Floor and Ceiling: This approach keeps the traditional billable hour as the base but protects both us and the client in case the volume of the work proves to be greater or smaller than antiBillable Hour + Floor and Ceiling: This approach keeps the traditional billable hour as the base but protects both us and the client in case the volume of the work proves to be greater or smaller than anticipaHour + Floor and Ceiling: This approach keeps the traditional billable hour as the base but protects both us and the client in case the volume of the work proves to be greater or smaller than antibillable hour as the base but protects both us and the client in case the volume of the work proves to be greater or smaller than anticipahour as the base but protects both us and the client in case the volume of the work proves to be greater or smaller than anticipated.

Many of our clients are no longer able to afford the traditional billable hour, in - office rates of even the smaller law firms and solos.

Sure, most associates may still have minimum billable hour requirements, but general attitudes about compensation seem to be shifting toward models where the killer gets less than the traditional lion's share in order to feed the less voracious members of the pride.