Sentences with phrase «offer alternative billing arrangements»

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.
(5) In which practice areas is it possible / appropriate to offer alternative billing arrangements?
In which practice areas is it possible or appropriate to offer alternative billing arrangements?
Last month, I posted about how Houston - based FMC Technologies turned to social media site Legal OnRamp to find innovative law firms willing to offer alternative billing arrangements.
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.

Not exact matches

Bills started piling up very quickly and, at the time, Banks were not very receptive to the alternative payment arrangements that they offered later on in the recession.
As a nimble friendly boutique firm, we can also offer cost - effective, alternative billing arrangements to help our clients manage their business law and litigation expenses.
Your partner's responses to the following questions will offer valuable insight about the firm's willingness and ability to «accept and live with» one or more types of alternative billing arrangements.
It's a natural reaction for lawyers and law firms to resist it because they would like to retain the hourly billing at a non-budgeted amount, but there are lawyers and firms that actually come to the table and offer the alternative fee arrangement — it could be a cap on certain things, or a volume discount.
Your partners» responses to the following questions will offer valuable insight about the firm's willingness and ability to «accept and live with» one or more types of alternative billing arrangements.
Our new recurring billing feature is perfect for attorneys offering alternative fee arrangements.
These arrangements allow firms to offer clients more flexibility in billing and may be a viable alternative for smaller practices that can not afford to hire new associates.
I offer part time general counsel services to growing companies as well as fixed fee and other alternative billing arrangements.
LexSage understands that clients are increasingly asking whether alternative billing arrangements are offered.
As a boutique international trade and sales tax law firm, alternative billing arrangements are offered.
For example, some firms have invested significant time and money in developing customized financial reporting producing performance metrics based on client billing, collection, realization, and costs associated with producing work — from task to timekeeper — then used those metrics to determine where the firm can offer more competitive alternative fee, or non-hourly, arrangements.
I can pull together teams of top - flight attorneys with specific skill sets for both large and small deals and can offer clients alternative billing arrangements that are appropriate for their needs and the requirements of the deal.
For example, I have seen this accomplished with the help of the LexisNexis Juris billing, accounting and financial management software which enabled the firm to produce timely and informative reports based on clients» billing and collection performance, and then using those metrics to determine where the firm can offer more competitive alternative fee, or non-hourly, arrangements.
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