Sentences with phrase «type of fee arrangement»

More recently, we've taken on our first class action file, and, because we're small and we're nimble, we were able to fairly quickly assess that and make the decision, and so now we've embraced another type of fee arrangement within the firm.
For example, matters can be associated with a practice area, type of work, type of fee arrangement, client, billing partner or supervising partner.
Once profitability by matter can be calculated, profitability for many other sub-units — such as by client, practice area, type of work, type of fee arrangement, billing partner and supervising partner — can be calculated simply by aggregating profits for the matters comprising the relevant sub-unit.
Wouldn't it be even greater if I could see it by matter, by type of fee arrangement and even by lawyer and partner?»
The Solicitors Regulation Authority provides more information on these types of fee arrangements.
People have been talking about the demise of the hourly rate for twenty years, but I think now with it being a buyer's market, clients are really pushing for their law firms to get off hourly rates and move to other types of fee arrangements that give them more predictability and forces the firms to be more efficient.
This would allow for greater access to justice for all while also adding a level of protection to ensure these types of fee arrangements are not used inappropriately.
To date solicitors have been restricted in the types of fee arrangement that can be offered to clients.

Not exact matches

18 This rental fee is based on the cost of comparable equipment; market conditions in the area; the type, life expectancy, condition, and value of the equipment; and other factors.19 Each district should review its rental arrangement periodically to ensure that the rate reflects the current local market.20
And honestly, if they can't afford a hospital birth, chances are they can't afford a homebirth midwife — who are generally not cheap, who will not generally make payment arrangements (or rather, will not make the same type hospitals make, payable after the fact and in small monthly increments for years; midwife payment arrangements tend to be along the lines of «Half the fee at the first appointment, and the other half a month or two later»), and who will not deliver a baby without having been paid in full prior to onset of labor (I don't have a statistic, but it seems most midwives have this particular payment policy, and payment is non-refundable).
The fee arrangements, acceptable file types, and royalty payment terms vary among these companies, so do your homework before you make a decision to use any of them.
Aside from traditional allegations of excessive fees and mismanagement of company stock, ERISA litigation in 2016 included challenges to fund types, fiduciary processes and provider arrangements; expect more to come.
Hourly Fee / Retainer: This is the most traditional type of attorney - client fee arrangement and involves paying for the attorney's time at that attorney's hourly raFee / Retainer: This is the most traditional type of attorney - client fee arrangement and involves paying for the attorney's time at that attorney's hourly rafee arrangement and involves paying for the attorney's time at that attorney's hourly rate.
A contingency fee arrangement is only available for specific types of cases, such as consumer rights lawsuits against third - party debt collectors or other similar companies for violations of specific laws.
A major drawback of this type of arrangement is that the adviser is rewarded for selling investments that generate the highest commissions and fees, even if they're not the best choice for you.
This type of payment arrangement is known as fee - for - service.
The upside of this type of arrangement is that the fee issue is out of the way at the beginning.
If you decide to proceed with a claim, please know that our offices provide contingent fee arrangements for all injury cases and that we understand that these types of injuries must be met with both compassion and respect as you fight for justice.
«At times, we have utilized alternative fee arrangements — sometimes at our own initiative, sometimes at a client's request — but I wouldn't say there's a significant increase in the types of matters that are services using a flat, block or alternative fee arrangement
Moving to value - based fee arrangements where the fee is based upon the value of the matter itself, the type of matter, the jurisdiction, results and the type of firm that you want to use makes a lot more sense.
In order to facilitate collaboration with firms who wish to collaborate with us, we have devised tailor - made fee schedules for referrals, joint venture and other types of arrangements that equitably apportion fees based on division of labor and risk exposure.
This type of arrangement is called a «Contingency Fee Agreement.»
Our size, location, resources, and experience all strengthen our ability to offer alternative fee arrangements, new types of services, geographical reach, and diverse teams.»
With flat fees, capped fees and other custom arrangements, the firm is able to flexibly determine the type of representation you need.
With flat fees, capped fees and other custom arrangements, the firm is able to flexibly determine the type of representation you need at a price point that makes sense.
[13] It must be obvious to anyone who gives this even a moment's thought, that this type of settlement - driven legal fees arrangement in class action litigation is fundamentally and profoundly unacceptable.
Determining what alternative fee arrangement will depend on your department, your budget, your outside counsel and the types of projects you're working on.
We offer alternate fee arrangements for certain types of cases, however, most cases require a retainer deposit and our time is charged hourly.
If you are unsure about how to broach the subject, here are some of the most popular types of alternative fee arrangements.
Each case is led by an experienced partner and we offer flexible fee arrangements that fit your needs and the type of case you are involved with.
What types of clients, practice areas, or fee arrangements are most profitable for your firm?
Reports such as Effective Rates provide firms with confidence in which types of work and fee arrangements are most profitable, while Time Entry Analysis will help associates track their progress relative to projections.
There are three types of attorney fee arrangements commonly used in the United States, and many other countries around the world.
That type of inside information is invaluable to law firms when they propose alternative fee arrangements, says Martin Beirne, founding partner of Beirne, Maynard, & Parsons in Houston, one of the challenge's 32 finalists.
Today I want to discuss the typical types of contingency fee arrangements that personal injury lawyers have.
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.
«The hourly rate is still a default setting in many situations but with many of our boutique firms we do have either flat fees or some other type of arrangement
Although a preliminary report and working group assessed whether criminal and family matters should be included in contingency fees, the explicit exclusion of both was considered a necessary safeguard for the introduction of this type of billing arrangement.
Health Insurance - coverage under a fee - for - service arrangement, health care maintenance organization, or preferred provider organization, and other types of coverage available to either parent, under which medical services could be provided to a minor or dependent child.
Now you have the option of entering into a conversation with that investor about an assignment fee, partnership, hard money loan, or some other type of arrangement.
Product offerings might include alternative types of listing contracts such as flat - fee or seller - assisted listings, or perhaps affinity arrangements with other service providers.
I've done this type of arrangement and it works, usually you agree to waive the late fees, and not charge late fee for January.
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