Not exact matches
Economic
pressures to
reduce legal costs is the primary force behind a growing number of firms moving away from the billable - hours model to new alternative billing models such as fixed, flat, blended or capped
fees.
Players charging lower
fees using virtual currencies will eventually put
pressure on the existing money transfer operators and banks to
reduce their remittance charges too.
«Mandatory Acas involvement and new claimant
fees will make the system fairer by ensuring that baseless claims are weeded out, and the
pressure to settle is
reduced,» he said.
It cites studies that show having a dog can lower blood
pressure and stress levels,
reduce the... → Read More: NY Hospital Pays Pet Adoption
Fees to Improve Human Health
This has
reduced demand and created downward price
pressure in the market, which gave rise to some interesting alternative
fee structures.
As Alex Novarese of Legal Week is right to point out, overall revenue in the UK legal market last year fell for the first time in living memory, but even if the overall size of the legal market in the UK remains static or falls (a tussle between the opposing forces of economic growth increasing demand on the one hand and business
pressures to
reduce fees and outsource on the other), market dynamics dictate that the revenue will be clustered differently, with the moderate - high
fees currently enjoyed by the mid-tier for mid-market work under the most severe attack, the beneficiaries being niche firms and LPO providers.
Interestingly, «rack rates» of BigLaw continue to rise; however, the negotiated rates and
pressure to
reduce fees — not to mention the unbundling of legal tasks — have put enormous
pressure on all but the 1 %.
As DAs become more mainstream, I could also see their use becoming a client expectation either directly or just in the natural course of things via
pressure to
reduce costs and
fees: for us outside lawyers I suspect that clients will come to demand proficiency with DAs as a cost saving tool.
For years, research has shown that firms are increasingly feeling
pressured to
reduce rates and / or offer flat
fee billing.
The rise of technology in legal practice, the growing
pressures from clients to
reduce legal
fees and the rise of alternative business structures (ABS) in the U.K. and Australia have created new opportunities and challenges.
Many firms report that they feel the
pressure to
reduce rates and / or provide flat
fee billing.
This would
reduce debt loads for new lawyers to such an extent that it would put downward
pressure on
fees.
As a result, the various people and businesses participating in the Bitcoin network (such as miners and node operators) have begun applying
pressure to prioritise and
reduce transaction load by means of transaction
fees.
A portion of the REQ
fees will be burned, which has the added incentive of
reducing the total circulating supply of REQ tokens, therefore, causing an upward
pressure in its price.
As the rest of the ecosystem updates, GreenAddress expect block
pressure to
reduce which may also lower
fees further.
Car Driver, Morano Car Fleet 2016 — Present • Provide passengers with information about attractions around the city • Follow all state driving regulations and had zero accidents while driving • Find shortcuts to
reduce travel time, resulting in a higher satisfaction rating for the company on Yelp • Clean spark plugs and refill tires with air
pressure at least once a monthCar Driver, The Medical Group2014 — 2016 • Repaired belts and replaced tires personally to cut back on company's mechanic
fees by $ 400 annually • Maintained cleanliness of exterior and interior of company cars • Recorded date and time for excursions and inputted data into software • Performed errands for employer, which included picking up groceries and office supplies
In reaction to increasing costs and
pressure to
reduce commission rates, some brokers have begun to charge transaction
fees.
Realtors today face
pressure to
reduce their
fees and competition from homeowners selling their own homes.
Calstrs is also
pressuring money managers to
reduce fees to boost returns, Ailman said.
In a 2016 report, the Federal Housing Finance Agency noted that such «competitive
pressures» had already
reduced guarantee
fees.