Sentences with phrase «of alternative fees such»

The use of alternative fees such as non-hourly based billing is also up, but still only represents 10 per cent of fees collected, according to the Law Firms in Transition Survey, which received responses from law firm leaders at 238 U.S. law firms with 50 or more lawyers.

Not exact matches

Economic pressures to reduce legal costs is the primary force behind a growing number of firms moving away from the billable - hours model to new alternative billing models such as fixed, flat, blended or capped fees.

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

Our interactive visualization tool below shows how the Amex Gold charge card and its other card alternatives compare on a number of metrics, such as rewards rate, APRs, annual fees, etc..

Also identified in the document are potential use cases for cryptocurrencies, such as a more portable, fungible, divisible store of value; trading that can result in capital gains or loss; payments for goods and services; and an alternative route to circumvent high transaction fees to transfer money for domestic or international purposes.

These days, such activity has been discouraged by card issuers, given the higher fees applied to balance transfers (typically 4 % of the transfer amount) and the low rates of return of alternative investments and savings accounts.

Other important considerations around fairness must also be addressed, such as whether to provide charge - free access options or routes to ensure accessibility and inclusivity, whether to charge individuals a congestion fee for driving where alternative modes of transportation are not available (e.g. the lack of public transit in rural areas), whether the charge for commercial and private vehicles differs or not, and whether individuals living further away from urban areas and thus travelling further distances should face a higher charge than individuals living in urban areas.

If the clients you're working with are of low income or experiencing financial difficulties, you might charge a lower rate or offer alternative forms of payment, such as reduced fees, sliding scale or barter of services.

«Institutions that are required to freeze in - state students» tuition rates for four years may use alternative revenue streams such as required fees and nonresident tuition to offset the loss of flexibility inherent in guaranteed - tuition programs.»

But 2,000 respondents to an Ipsos MORI survey have faith in the capacity of comprehensive schools to enable social mobility, with 47 per cent backing high - quality schools over other educational alternatives, such as lowering tuition fees, to help poor pupils.

However, such services aren't entirely well - known to consumers who lack a traditional bank account.This results in something of a chicken - and - egg problem when it comes to eliminating the fees on these alternative financial products.

These days, such activity has been discouraged by card issuers, given the higher fees applied to balance transfers (typically 4 % of the transfer amount) and the low rates of return of alternative investments and savings accounts.

Regardless of the reason, core Canadian exposure ETFs such as iShares Core S&P / TSX Capped Composite Index (XIC), which has a management fee of 5 basis points, may be an increasingly attractive choice for investors to consider either alongside or as an alternative to the futures market.

There are many alternative ways to protect your capital without paying such hefty fees, which will take a large bite out of your returns.

However, there are still plenty of great card alternatives with great benefits, such as no annual fee and unlimited cash back rewards.

Bratton seems to agree in his article, saying that in his experience, alternative fee arrangements run into difficulty when projects «blow up quickly or change direction unexpectedly, such that a quote at the beginning of a project based on a number of assumptions can become meaningless.»

On the customer front, two examples: Half of The American Lawyer's 20 A-List firms are on record this year as starting alternative fee arrangements with important clients such as Pfizer and Citibank.

For instance, the «Business Solutions» section of the website addresses such timely client concerns as alternative legal fee arrangements and developing a budget for new legal matters.

Since then, and particularly in recent years, there have been a large number of initiatives designed to curb costs, such as limiting Legal Aid, and the removal of the ability to claim so - called additional liabilities in «no win, no fee» agreements - from paying defendants, costs budgeting and the use of alternative dispute resolution.

's clients can choose to utilize alternative fee arrangements such as fixed costs, capped fees and / or «value billing» (or a mix of all three).

To accommodate the needs of our clients, we have developed and used several alternative pricing options that are not tied to the billable hour, such as flat fees, not - to - exceed fees, performance - based fees, blended hourly rates and annual fees.

Unlike the bill by the hour lawyers who even bid alternative fee proposals by using estimating the number of hours a matter would take and then padding the final number, plaintiffs lawyers value a case by thinking through such things what's the case worth vs. how long it will likely take to get a settlement or verdict and who is on the other side.

Led by the Association of Corporate Counsel's «ACC Value Challenge,» corporate America is increasingly demanding that their outside law firms abandon the entrenched, historic, «cost - plus,» «billable hour» economic pricing model in favor of «Alternative Fee Arrangements» («AFAs») and other «value billing» approaches (e.g., non-hourly pricing arrangements such as «fixed fee,» «contingency,» or «hybrid» fee arrangementFee Arrangements» («AFAs») and other «value billing» approaches (e.g., non-hourly pricing arrangements such as «fixed fee,» «contingency,» or «hybrid» fee arrangementfee,» «contingency,» or «hybrid» fee arrangementfee arrangements).

For example, Member States take varied positions on the availability of third party litigation funding and alternative fee arrangements (such as contingency fees); and some have opt - in systems, opt - out regimes, or both.

But now, tired of subsidizing law firm gravy trains, large corporate clients are forcing firms to offer alternative billing arrangements, such as flat fees, volume discounts and banning new associates from working on matters.

While the death of the billable hour continues to remain greatly exaggerated, the use of alternative fee agreements (AFAs), such as flat fees, success - based fees, auction - based fees, etc., continues to increase and has led to a more business - like analysis by law firms as to how their services should be priced.

As noted above, using alternative forms of dispute resolution, such as mediation or collaboration, can provide a significant reduction in legal fees, and parties are wise to include dispute resolution strategies other than the courts in their agreements.

They continue to struggle with reduced staffing and to grapple with the best way to employ cost - saving measures such as alternative fee arrangements without sacrificing the quality of their defense efforts.

While many law firms have made attempts to incorporate such cost - saving measures as alternative - fee arrangements, there are a number of other creative tactics law firms can take to reduce expenses to drive down the cost of legal services.

Such a collection policy should cover everything from the beginning of the relationship with the client to the payment of the final bill to alternatives for handling a fee dispute.

Crane discussed a number of alternative fee arrangements including discounted and volume discounts (e.g. 15 per cent on the standard hourly rate, for example, when fees billed exceed $ 100,000 a year), and blended hourly rates (such as $ 400 / hr blended rate for all lawyers on a file or $ 300 / hr for associates and $ 500 / hr for partners), as well as fixed and capped fees.

McCarthy Tetrault's use of law firm analytics to re-engineer and improve M&A due diligence procedures, for example, «has allowed us to reduce costs to our clients up to 75 per cent, while charging them using predictable alternative fee arrangements such as fixed - rate billing,» said Peters.

At heart of the new software are complex mathematical models that help firms forecast what it will cost to perform a certain project, and thereby determine if it makes sense to offer an alternative billing arrangement for that project such as a flat fee.

Another optional extra is loss of use coverage which will pay for additional costs incurred in the event of a disaster, such as moving fees and alternative accommodation expenses.

The regulatory clampdown, which resulted in the drafting of new AML procedures, the end of zero - fee trading, and a temporary suspension of withdrawals, forced traders to seek alternatives elsewhere (e.g. Japan) such as P2P trading services like LocalBitcoins and BitKan, where there is less regulatory scrutiny but higher premiums.

All students in co-op programs, including mandatory, optional and alternative, such as guided career management, pay a non-refundable fee to offset costs involved with the wide variety of services and supports that are provided.

Soft costs paid by the borrower, such as engineering costs, governmental fees, developer fees, etc., can be counted toward equity if they contribute to the completion and value of the developed property, but alternative collateral such as land, purchase deposits and the proceeds of other loans can not.

Product offerings might include alternative types of listing contracts such as flat - fee or seller - assisted listings, or perhaps affinity arrangements with other service providers.