Sentences with phrase «of flat fee arrangements»

For example, in my solo practice I try to offer my clients the certainty of flat fee arrangements, but even with flat fees I still need to determine how much to charge for a project.

Not exact matches

Whether it's a flat fee for the «book publicity project upon launch»; a monthly retainer arrangement; or one is hired for a variety of projects — from the initial book publishing date to ongoing projects related to the book over a period of time, a good publicist can do wonders... but they can't guarantee anything.
Barnes & Noble did not answer my questions about who is considered the publisher of the book (James Patterson, Patterson's traditional publisher Little Brown, or Barnes & Noble) and did not disclose how the financial arrangement is working (whether Patterson is donating the work, receiving a flat fee or receiving some kind of royalty based on the number of bundles sold).
The contract of that sort of arrangement depends on the publisher but is some combination of a flat fee and percentage of revenue.
Disclaimer: NerdWallet has entered into referral and advertising arrangements with certain broker - dealers under which we receive compensation (in the form of flat fees per qualifying action) when you click on links to our partner broker - dealers and / or submit an application or get approved for a brokerage account.
Generally we focus our attention on the mechanics of common structures, such as volume based discounting, contingency arrangements, flat fee billing, success fees or secondments.
After all, the only reason that a firm would want to turn down $ 1,000 an hour to bring clients over to a flat - fee arrangement is where the latter are resulting in effective rates in excess of $ 1,000 an hour.
While flat fee and other non-hourly arrangements have been commonplace in cut - and - dried legal areas like tax and estate planning, they're becoming more common across the practice areas of «Main Street» firms and attorneys.
If attorneys avail themselves of the advances in computer technology in the past decade or two, they can more easily come up with flat fees or other alternative billing arrangements — and continue to make a profit, Calloway says.
Before you begin an ongoing relationship with outside counsel, broach the issue of flat fees or incentivized fee arrangements.
«At times, we have utilized alternative fee arrangements — sometimes at our own initiative, sometimes at a client's request — but I wouldn't say there's a significant increase in the types of matters that are services using a flat, block or alternative fee arrangement
Serving a moderate - means client base, the ULG provides relatively simple, short - term legal services and offers flat - rate fee arrangements or hourly rates of $ 50 to $ 80 per hour, depending on client income.
Topics may include, for example, how to create a business plan, the key elements of an engagement letter, how to choose your niche, and how to decide between different billing arrangements such as contingency fees, hourly rates or flat fees.
An article in Inside Counsel gives five strategies clients can use to prevent «runaway legal fees,» claiming that although more «companies are moving to alternative fee arrangements, seeking either fixed or flat fees to cover legal work over a period of time,....
Many said they were using a combination of billable hours, RFPs, and flat fee arrangements.
With flat fees, capped fees and other custom arrangements, the firm is able to flexibly determine the type of representation you need.
With flat fees, capped fees and other custom arrangements, the firm is able to flexibly determine the type of representation you need at a price point that makes sense.
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.
Even under flat - fee arrangements, it is still in a firm's interest to keep the cost of searches low.
While many firms have such flat - fee arrangements, they are structured in a complex way that still factors in the cost of each individual search.
One of the biggest myths among law firm associates is that a flat - fee arrangement means that one can search on Westlaw or Lexis without regard for price.
Flat fee arrangements are based on a number of determining factors, including the complexity of the legal issue, time investment (including any research and / or contract drafting, the extent of involvement of other parties (such as negotiations) and how well - organized the client is, including the level of tech savvy.
First, there are many self - employed young lawyers out in the market, many of whom are using sliding scale and flat fee arrangements.
The AmLaw Daily contains a fascinating post, GCs, Law Firms And Flat Fee Arrangements: A Matter Of Trust.
[/ a] In fact, 46.8 per cent of respondents to the annual Canadian Lawyer Corporate Counsel Survey said the billable hour is still the main arrangement they have with their primary law firm, followed by a combination of billable hours and flat fees at 31 per cent.
Through this experiment, we'll be able to test, for example, the efficacy of law firm panels, consolidated legal spend, and flat fee arrangements.
We all seem to be moving toward value billing — but does a flat fee arrangement impact service quality or the level of talent assigned to the work?
The court's decision thus neutralizes many of the benefits of the fixed fee, including administrative ease and shared risk (presumably, if one of the trigger events for withdrawal of the fee does not occur, the lawyer must refund the fee, which is not the case with a standard flat fee arrangement).
Followed by a statement from Arthur Klebanoff, chief executive of RosettaBooks LLC, on the value of making titles available via a flat fee arrangement:
The balance of respondents indicated they use a combination of billable hours plus flat fees (30.5 per cent), alternative fee arrangement (7 per cent), flat fees (4.4 per cent), RFP process on large projects (4.4 per cent), and «other» (6.2 per cent).
«The hourly rate is still a default setting in many situations but with many of our boutique firms we do have either flat fees or some other type of arrangement
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.
We have moved to a flat fee arrangement for our collaborative cases, meaning that the amount of work you do will have no impact on your case.
Ms. Shearer also provides a variety of Other Legal Services and payment options, including flat fees, hourly arrangements and «pay as you go» services.
(Note that REBBA expressly prohibits any arrangement where the fee consists of a combination of both a flat - rate and a percentage; it also prohibits commission based on the difference between the closing price and the listing price).
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.
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