Basic services offered through the clinic will be free, but the law firm says it has also prepared packages with
predictable fee arrangements for larger blocks of legal services.
Not exact matches
The latter often involves unpredictable negotiations and legal appearances, but transactional tax law is much more
predictable and conducive to flat -
fee arrangements.
In recent years more focus has turned to alternative
fee arrangements as a way to offer clients more
predictable costs and affordable legal services.
«With increasing demands for
predictable budgets in traditional hourly matters and the growth in fixed -
fee and other alternative
fee arrangements with clients, Parker Poe needed a solution that would help the firm manage these client needs more effectively and to do so profitably.»
Some flat -
fee arrangements can actually be more lucrative than an hourly
arrangement, especially if the work is routine and
predictable.
And as Indiana family law attorney Sam Hasler describes in this comprehensive post, many family law attorneys have adopted flat
fee structures, finding that clients prefer these
arrangements because they result in more
predictable legal
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.