Since the Great Recession of 2008, sustained
pricing pressure from corporate clients and rapid technological leaps have combined to create the present environment in which law firms and corporate legal departments are not just open to technology - based solutions to problems formerly overcome by brute lawyer - hours, but actively inviting them in.
The 2013 survey reports that law firms «feel real
pricing pressure from clients» and «recognize the competitive forces of commoditization and the emergence of lower - priced, non-traditional service providers.»
The bad news is that it's characterised by a stifling mixture of flattening growth, widespread uncertainty, intense competition and severe
pricing pressure from clients.
To Melanson of PropertyGuys.com, avoiding
pricing pressure from realtors is one of the major perks of FSBO sites.
The business came under
pricing pressure from competitors such as IBM in the first half of 2014, but price cuts have slowed since then.
At the same time, Hasbro is able to withstand
pricing pressures from Mattel and other game makers, or look to lower its own prices in an effort to gain market share.
However, given the weakness in the bargaining power of so many in the workforce, along with some anxiety about
price pressures from wage - push inflation, such evidence must be scrutinized.
Cisco continues to suffer profit - margin erosion because of
price pressure from newly invigorated competitors.
Remember, upwards
price pressure from foreign investors (just like all other forms of demand) exists even in a downwards moving market.
In March of 2010, in the face of growing downward
price pressure from e-books and open competition on pricing from online retailers like Amazon and Apple, the publishing industry took control of the price of its own products.
Apple is famous for sticking to price points that deliver solid margins in the face of
price pressure from rivals.
Coal powered generation is dying under
price pressure from gas and renewables.
However, citing
price pressures from US subsidized biodiesel undermining its ability to supply a competitive product, D1 has shuttered both facilities and cut 90 jobs.
Powerful forces are reshaping the corporate legal - advice market, including
price pressure from clients and the digitization of legal data.
Downward
price pressure from clients, excessive competition in the market, the rise of alternative billing methods, and other market factors will force law firms to lower their overhead and drive them toward more cost effective software solutions.
The company was also previously an important supplier for Apple and other top tech companies, but it has not been able to respond well to heavy
price pressures from other rivals in Asia.
Not exact matches
NEW YORK / LONDON, May 2 - Gold
prices hovered near four - month lows on Wednesday as the dollar advanced, and were expected to remain under
pressure from a significantly stronger U.S. currency and weak investment demand.
Important factors that could cause actual results to differ materially
from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin
pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future
pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting
from cancellations, deferrals, or reduced orders by their customers or
from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations
from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover
from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase
price for our announced acquisition of Asco on favorable terms or at all; 18) competition
from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
LONDON, May 2 - Gold steadied on Wednesday near 4 - month lows as the dollar's uptrend paused, but
prices of the precious metal are expected to remain under
pressure from a significantly stronger U.S. currency and weak investment demand.
(New throughout, updates
prices, market activity and comments; adds second byline and NEW YORK) NEW YORK / LONDON, May 2 (Reuters)- Gold
prices hovered near four - month lows on Wednesday as the dollar advanced, and were expected to remain under
pressure from a significantly stronger U.S. currency and weak investment demand.
Other resource sectors were around the flatline as worries about the economic fallout
from a U.S. budgetary impasse
pressured commodity
prices.
Unions demand export licences The Rudd Government is under
pressure from Australia's two biggest mining unions to reintroduce export licences that could stop Chinese and other foreign interests forcing down export
prices.
RBC analyst Walter Spracklin, who recently downgraded his Bombardier
price target
from $ 6.00 CAD to $ 4.00, wrote in a note Tuesday that the job cuts are «symptomatic of the balance sheet
pressure» the company is currently experiencing.
For instance, large - scale development costs per asset have gone up while
pressures from insurance companies and benefits managers to lower
prices have also increased.
The Anglo - Dutch oil major, whose acquisition of BG Group transformed it into the world's top liquefied natural gas producer, has been under
pressure from shareholders to cut annual spending to ensure it can maintain its dividend given the slow recovery in the oil
prices.
Schenk, 57, had once owned two small - town drugstores but sold them in part because of relentless
price - lowering
pressure from PBMs.
The
price dive could put
pressure on the federal government to the tune of $ 2.5 billion annually for the next four years, according to a fall economic update
from Ottawa, and oil - producing provinces such as Alberta, Saskatchewan and Newfoundland are staring down revenue and royalty losses worth billions.
We envy them all and want to emulate them but know that they are just people dealing with struggles of a different magnitude
from the
pressures of going public, the
pressures of
pricing competition, the
pressures of over-reaching of journalists and regulators and the
pressures of activist public shareholders with short - term expectations.
As a private company, Nordstrom would likely be able to focus on initiatives such as investing more in e-commerce, closing underperforming stores and expanding its off -
price chain, Nordstrom Rack, without
pressure from shareholders.
Another source of
price pressure: competition
from actual developing economies.
Under
pressure from some members of Congress following social media reports, airlines have taken the unusual step of publicly announcing
price caps on tickets out of areas in Irma's course.
The
pressure in this case is coming
from brokers who want to set up their own virtual office websites (VOWs)-- essentially searchable online databases similar to Realtor.ca — and furnish the sites with the same kind of details (mainly negotiated sale
prices) they can pull
from MLS and give to clients through other means.
Generic drug giant Mylan is cutting its financial outlook as it continues to face
pressure from falling generic drug
prices (a fate that similarly struck rival Teva Pharmaceuticals).
HOUSTON, Feb 5 - Oil
prices settled lower on Monday as rising U.S. output, a weaker physical market and recent dollar strength added to the
pressure from a widespread decline across equities and commodities markets.
Given its areas of specialization, Gilead wouldn't benefit as much
from consolidation as, say, a generic - drug company would, but it still faces
pricing pressure: To appease Medicaid and other insurers, Gilead is already steeply discounting its hep - C drugs, which can cost more than $ 80,000 for a 12 - week course.
«The impact on sales tax
from oil
prices being down is really what's putting the
pressure on the budget situation.
Price - conscious millennial shoppers drifting to stores and websites of newer players such as Denmark's Pandora A / S and online jeweler Blue Nile, which sell sterling silver jewelry starting
from $ 35, have put more competitive
pressure on Tiffany.
Calima has largely shielded its share
price from any major selling
pressure by securing voluntary, 12 - month escrow agreements
from investors with 14 % of its post-bid capital.
That surge reflects a defensive mentality: Drugmakers hope the scale that comes with consolidation can give them leverage to resist
pressure from health care providers and insurers to rein in
prices.
Since he became CEO in 2000 the share
price had risen more than 840 percent but has fallen 22 percent
from its peak in December 2015 following a sharp drop to 311 crowns last month after a profit warning due to
pricing pressures.
Medline's more immediate concern was the increased
pressure on sales
from competitor Loblaw's «curious» $ 25 gift cards offered to consumers after revealing its participation in an alleged bread
price - fixing scandal, in which it implicated Sobey's.
Unfortunately for the crown prince, the rising
prices will only invite more U.S. production, along with less compliance
from other OPEC members and increased
pressure from Russia to end the pact.
Bryant's departure follows a pattern that we've now seen repeated in the industry: Longtime CEOs are stepping aside as they battle activist investors, the
pressure to implement the 3G - backed Kraft Heinz model of cost cutting, consumers eschewing their processed products, and
pressure to slash their
prices from retailers fending off Amazon (amzn).
Corporate executives usually think of
pricing as a compensating instrument that they can use when under severe
pressure from competitors or if they are not using the other marketing mix components effectively.
«We don't completely know (why),... But one of the ingredients is that maybe somehow technology and globalization is putting downward
pressure on wages and
prices and that's holding back inflation
from competitive
pressures but we're seeing global growth,» he said.
Not only will the combined carrier reach about the same customer base as larger rivals Verizon (vz) and AT&T (t), but reducing the number of competitors in the market to three
from four should also reduce competitive
pressure that led to a fierce
price war over the past year.
The report cited negative
price pressures in every segment for the latest quarter, a disproportionate hit to the company
from industry destocking and rising costs for consumer packaged goods companies.
-- it will face continued margin
pressures «due to higher labor content in certain areas of manufacturing where we have temporarily dialed back automation, as well as higher material costs
from recently imposed tariffs, commodity
price increases and a weaker US dollar.»
The 10 - year U.S. Treasury yield rose 5.2 basis points to 3.035 percent on Wednesday, driven by worries about the growing supply of government debt and inflationary
pressures from rising oil
prices.
It is now incumbent upon you to explain why, despite
pressure from the stock
price, regulators, and shareholders, the company should not take immediate and transformative action.