Not exact matches
Insurance companies often hire and reimburse lawyers for representing insureds based on hourly
fees, except perhaps for the most
routine matters.
In setting the
fees at less than a third of what GMG wanted, LaVigne said she had taken into account the lack of progress towards a plan of arrangement, the relatively
routine nature of the CCAA proceedings, superfluous motions filed by GMG, as well as over-lawyering on the
matter.
Even when a client is not pushing for alternate
fee arrangements, recognizing that fixed
fees for certain
routine services or
matters can be more profitable and could result in a win - win.
The motions judge held the legal
fees charged were «disproportionate» to the size of the receivership, that the usual or standard rates were too high, and that excessive work was done by senior counsel on
routine matters.
The latest partnership has introduced new pricing structures for greater flexibility, such as variable fixed - price arrangements for
routine projects, rather than a single capped
fee for all businessas - usual
matters, as was the case previously.
Flaherty, who serves as corporate counsel at Kia Motors America, says he is tired of paying what he sees as exorbitant
fees for
routine matters.
They should, wherever possible, use that information to create transparent, fixed
fees for
routine legal
matters.
For
routine matters, like preparing a will or a simple contract, you can ask for a flat
fee, which also enables you to bid your work to multiple firms and negotiate a lump - sum price.
As well as combining alternative
fees with «rigorous project management at every step,» Silversides says York has chosen similar, fairly
routine file
matters, and are running each file on a different
fee arrangement, to see which arrangement might be best for those types of files.
Fixed
fee lawyers can keep track of the time they're putting in on
routine matters and decide if they should consider changing
fee arrangements.