Sentences with phrase «of alternative billing methods»

Downward price pressure from clients, excessive competition in the market, the rise of alternative billing methods, and other market factors will force law firms to lower their overhead and drive them toward more cost effective software solutions.

Through the adoption of alternative billing methods, this integrity can be restored.

Not exact matches

Hospitalists typically work in shifts; therefore, within the same hospital, patients treated by hospitalists are plausibly quasi-randomized to a given physician based on when patients become sick and based on hospitalists» work schedule.34 We defined hospitalists using a validated approach: general internists who filed at least 90 % of their total evaluation and management billings in an inpatient setting.35 Second, to evaluate whether our findings were sensitive to how we attributed patients to physicians, we tested the following 2 alternative attribution methods: attributing patients to physicians who had the largest number of evaluation and management claims and attributing patients to physicians who billed the first evaluation and management claim for a given hospitalization.25, 36,37 Third, within some hospitals, male internists may be more likely to work in intensive care units and have severely ill patients.

Onebip offers with Direct Carrier Billing (DCB) an alternative and mobile payment method with a reach of almost 1 billion mobile subscribers

Because schools have this alternative method of providing tuition help, it is unlikely that many graduate students will see tax hikes if the House bill becomes law.»

At the end of the day, Lamb sees two reasons for Main Street attorneys to consider flat fee or other alternative billing methods.

It makes no sense in light of the fact that a significant majority of those who responded to the Altman Weil survey believe that the future will bring more price competition and more billing methods alternative to hourly.

You need to increase the value of your legal services, which probably means reduced fees and alternative billing methods.

However, lawyers interested in alternative billing methods should see Beyond the Billable Hour, edited by Richard C. Reed and published by the ABA Section of Law Practice Management (1989).

The majority of law firm partners favour the traditional hourly rate model as a more accurate way of billing, despite a continued push from clients to use fixed fees and other alternative billing methods, according to Legal Week research.

This newly revised third edition of the highly acclaimed Winning Alternatives to the Billable Hour: Strategies that Work, provides you with tools you can use in your practice to implement and evaluate alternative billing methods, including real case studies of lawyers and firms successfully using alternative billing to deliver value to both the client and the lawyer.

This incongruity has resulted in an ever - increasing number of companies and business groups pushing for alternative methods of billing.

As firms begin to embrace this billing - for - value approach and alternative billing methods, firms who stick with the old profit - oriented mindset will be billing an ever - shrinking pool of clients.

Consequently, alternative methods of billing must focus on the outcome of the work provided by lawyers, rather than the volume of time which has been spent achieving this outcome.

«Less Cost, More Value: Case Studies Illustrating the Use of Technology and Alternative Billing Methods» by Carolyn Dillinger (OC Bar The Bottome Line) >> READ ARTICLE

It appears that alternative billing is the new norm for law firms, so it's important to gain a strong understanding of all the different billing methods and fee structures available to you.

Henry apparently finds that option too radical, and therefore unrealistic (to be sure, while it would be ideal for firms to develop alternative methods of charging for their services that eliminate the billable hour, the fact remains that law is a business and alternative methods of billing have to make economic sense given the nature of practice areas such as litigation where one's adversary has the power to determine how much time one will have to spend on a case).

It's possible for corporations to obtain 100 percent of all legal services using alternative, value - based, non-hourly billing methods.

This post will explore some of the methods lawyers use to bill for their work, from the more traditional approaches to some of today's trending billing alternatives.

I would add that if you haven't embraced an alternative billing method, keeping track of the time you spend texting could also be difficult.

By painting hourly billing as the benighted source of all evil, proponents of alternative pricing methods hurt their credibility — especially, when they fail to acknowledge there are incentives inherent in every pricing method that could lead to unreasonably high (or low) fees.

«This bill makes clarifying changes to current law to ensure that various forms of alternative currency such as digital currency, points, coupons, or other objects of monetary value do not violate the law when those methods are used for the purchase of goods and services or the transmission of payments.»