"Price certainty" refers to having a clear understanding and assurance about the cost or price of something. It is the confidence that the price will remain fixed or predictable, without any unexpected changes.
Full definition
It has also created a number of money - saving products and services for clients to provide
more price certainty.
As corporate legal departments are pushed to improve legal outcomes while lowering costs, the need to increase efficiency and
create price certainty is paramount.
The session speakers pointed out that clients
want price certainty, transparency and better communication.
First, with a tax, or with a hybrid scheme where the emissions price is capped, we
get price certainty at the expense of uncertainty about how much emissions will be reduced.
By practicing law «better, faster and cheaper» clients can grow comfortable with legal
matter price certainty and lawyers can enjoy greater profitability through efficiency, rather than waste.
If you will have high turnover or
want price certainty, opt for an annual fee as a percentage of your investments.
However, regardless of how much improved things are or indeed how much more they might improve, there is one thing that is not going to change — the demands for
greater price certainty from clients.
Raising inflation would make people more uncomfortable, but I think decoupling people
from price certainty will open things up.
However, in research for my new book, I found firms using innovative models that offer clients significant
price certainty without creating intolerable labour requirement risk.
Our mission at Should I Sign is to create a better solution that helps individuals and businesses with legal needs find qualified attorneys in a transparent environment that
provides price certainty, accurate billing, improved communication and centralized document / records management.
CanWEA continues to be committed to working with the Ontario Government on its forthcoming Long - Term Energy Plan and will use that forum to demonstrate to all Ontarians that the province will need to procure new non-emitting electricity generation to meet future growth in electricity demand and that wind energy can provide that power with long -
term price certainty and at a more competitive rate than alternatives like nuclear power.
«During last year's rate review, we promised to freeze electric rates and provide our customers with
price certainty through 2019.
Whatever is ultimately negotiated, bringing certainty as to the term, scope of services, service levels and pricing for such services is desireable in that it aids in the M&A divestiture activity by creating operational and
pricing certainty which can be factored into the M&A deal.
At the other end of the spectrum, completely flat, advertised fees (e.g. «we will handle any Human Rights Tribunal case for $ 4,000») offer
complete price certainty to clients.
The goal is to provide greater
price certainty by affiliating it with more traditional assets.
«If clients truly want to see the end of hourly rates and lawyers to embrace the idea
of pricing certainty, they need to come to terms with what lawyers need in return...»
«The fact that Novus Law can measure and warrant quality, and
offer price certainty, endears it to large corporate clientele.»
In general, the
more price certainty a fee model offers the client, the more labour requirement risk it imposes on the firm.
«You will pay quite a premium for
the price certainty.
I think having
price certainty is less disruptive to the economy so I favor a tax.
But even more important for the client is
the price certainty.
It is the reason why GPS Legal can provide clients with experienced and capable teams for complex transactions and cases but with high degrees of
price certainty.
Is it rigorous editorial processes, is it feature sets, is it ease of use / ease of training, is it recognition of specific content pieces, niche subject matters, is
it price certainty?
To varying degrees, different fee models can also provide something that all consumers want:
price certainty.
Completely open - ended time - based retainers provide
no price certainty whatsoever.
Some answers might include «a premier general service firm with deep expertise in technology and energy» or «a national labor and employment firm with deep, enduring relationships with Fortune 500 legal departments» or «a commercial litigation firm that provides the best combination of
price certainty and outstanding results.»
Price certainty is guaranteed as a result of anti-discriminatory insurance law in the US.