But
outside of alternative fee and business agreements (and the imminent death of the billable hour), what sorts of businesses have been responsible for these dire warnings?
Not exact matches
You may see a larger choice
of investments
outside your plan, but odds are your employer's plan has the most common investment
alternatives covered, and at a much more competitive
fee.
Should you find an
alternative solution for your pet
outside of East Bay SPCA, we will gladly reimburse your
fee.
This
fee varies in accordance with the airline • The prize is strictly non - transferable, non-refundable, and is subject to Sandals Resorts» normal terms and conditions • The prize must be taken before 22 November 2018 • Sandals» resorts are for couples and accommodations include a king sized bed • Sandals Resorts reserves the right to relocate prize winners from the stated resort to an
alternative Sandals resort if rooms become unavailable for the travel dates requested • By entering this competition you consent to your details being shared with our parent company located
outside the European Economic Area • The competition is not open to employees and their immediate families
of promoter Unique Vacations (UK) Ltd and their associated agencies • Prize winners must be over 18.
At the InsideCounsel SuperConference, Ted Olson, former Solicitor General and partner at Gibson Dunn, asked a panel
of General Counsel from Ford, Procter & Gamble, and Allstate Insurance what they look for in their
outside lawyers (other than lower
fees and
alternative fee arrangements).
Microsoft wants 90 %
of the legal work performed by its
outside firms to be compensated under
alternative fee arrangements — an increase
of as much as 35 %, according to figures Howard gave Corporate Counsel.
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 arrangement
Fee Arrangements» («AFAs») and other «value billing» approaches (e.g., non-hourly pricing arrangements such as «fixed
fee,» «contingency,» or «hybrid» fee arrangement
fee,» «contingency,» or «hybrid»
fee arrangement
fee arrangements).
The beauty
of alternative fee arrangements is that they are customizable to what suits your company, and
outside counsel.
Determining what
alternative fee arrangement will depend on your department, your budget, your
outside counsel and the types
of projects you're working on.
In the program, «Leveraging the In - house and
Outside Counsel Relationship,» the panelists offered strategies to drive down the cost of using outside counsel, to build collaboration between in - house counsel and junior outside counsel, and to implement alternative fee arrang
Outside Counsel Relationship,» the panelists offered strategies to drive down the cost
of using
outside counsel, to build collaboration between in - house counsel and junior outside counsel, and to implement alternative fee arrang
outside counsel, to build collaboration between in - house counsel and junior
outside counsel, and to implement alternative fee arrang
outside counsel, and to implement
alternative fee arrangements.
In addition, even in an
alternative fee environment, I would still be concerned with the technology - related efficiency
of my
outside counsel.
Second, the number
of companies using
alternative fee arrangements for more than 20 %
of their
outside legal spend continues to grow.
A key to operating successfully under
alternative fee arrangements or under an hourly rate arrangement disciplined by a rigorous budget will be open and frank discussions between
outside counsel and the client regarding management
of the matter.
As part
of cutting costs and outsourcing work, legal departments are looking to
alternative fee arrangements with
outside counsel and sending work to
alternative service providers, as well as pushing work down to junior attorneys within their own department.
Implemented
alternative fee arrangements for 75 % ($ 300M)
of outside counsel spend driving significant savings.