Sentences with phrase «reduce fee pressure»

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.
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