Sentences with phrase «with flat fee arrangements»

On the flip side, law firms can create efficiencies by working with several companies on targeted legal matters, increasing earning potential even with flat fee arrangements.

Not exact matches

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If attorneys avail themselves of the advances in computer technology in the past decade or two, they can more easily come up with flat fees or other alternative billing arrangements — and continue to make a profit, Calloway says.
They are doing cost / benefit and risk analyses, undertaking RFPs and are demanding more affordable legal services and alternative fee arrangements (e.g., flat or fixed fees, blended rates, phased fees, fees with a collar1, value fees, etc.).
Before you begin an ongoing relationship with outside counsel, broach the issue of flat fees or incentivized fee arrangements.
For example, in my solo practice I try to offer my clients the certainty of flat fee arrangements, but even with flat fees I still need to determine how much to charge for a project.
While not a retainer, moving from an hourly to a flat fee arrangement will allow a lawyer to take in money upfront, with the potential to avoid trust accounting requirements as well.
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.
Chrometa — Even with the trend towards flat fees and other alternative billing arrangements, the billable hour is not dead yet.
Any new solo has to determine whether to go with the billable hour, a flat fee arrangement, or other alternative fee structures.
Our firm can make arrangements with you to ensure that while paying our flat - fee representation you can still pay your back child support.
Flat - fee arrangements are becoming more common with law practices, but smart attorneys avoid verbal flat - fee agreements, which almost always lead to confusion and disappointmFlat - fee arrangements are becoming more common with law practices, but smart attorneys avoid verbal flat - fee agreements, which almost always lead to confusion and disappointmflat - fee agreements, which almost always lead to confusion and disappointment.
[/ a] In fact, 46.8 per cent of respondents to the annual Canadian Lawyer Corporate Counsel Survey said the billable hour is still the main arrangement they have with their primary law firm, followed by a combination of billable hours and flat fees at 31 per cent.
The court's decision thus neutralizes many of the benefits of the fixed fee, including administrative ease and shared risk (presumably, if one of the trigger events for withdrawal of the fee does not occur, the lawyer must refund the fee, which is not the case with a standard flat fee arrangement).
«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
Our rates are competitive, with flat - fee and contingency - fee arrangements available in certain situations.
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.
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