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Client Services Legal Fees

LawVision

Mastering the Art of Client Communication on Law Firm Pricing

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A recent article on Law.com, Partners Confront ‘Deeply Uncomfortable’ Client Communications on Soaring Billing Rates, highlighted a growing trend in the legal industry: many firms are shifting away from personal...more

Obermayer Rebmann Maxwell & Hippel LLP

The Attorney I Spoke to Ran a Conflict Check. Do They Represent Me Now?

Finding an attorney who is the right fit can be tough and it may mean you have to speak to more than one before you find someone you like. Have you ever wondered what happens if you decide to retain one attorney over the...more

International Lawyers Network

Law Firm ILN-telligence Podcast | Episode 92: Ron Davis | Fogler Rubinoff

Ron Davis is a partner with Fogler Rubinoff in Toronto, where he has over 35 years of litigation experience. In this episode, he and Lindsay chat about challenges and opportunities in the legal industry in Toronto and...more

UnitedLex

Saving Money Through Smarter Legal Invoice Processes

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Effective invoice management not only ensures that organizations pay for the services they need but also enables them to reinvest savings into initiatives that drive further growth....more

Shipkevich PLLC

The Regulatory Landscape of Prepaid Legal Plans

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Prepaid legal plans offer coverage that grants individuals and families access to a network of qualified attorneys in exchange for a predetermined monthly or annual fee. With legal expense plans, participants can receive...more

LawVision

Business Development Strategy: When Your Client Loves Another Firm Better

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Elise, a partner in a Midwest-based global litigation firm, seemed somewhat desperate when I spoke with her. In the past five months she lost two significant clients. Billings for these clients averaged $2 million to $2.5...more

Jones & Keller, P.C.

Funding Litigation Goes Upscale to Companies and Law Firms

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Funding litigation has gone upscale from its more modest personal injury roots. With skyrocketing litigation costs, both public and private companies and law firms are turning to litigation funders to soften the short-term...more

Nextpoint, Inc.

The Business of eLaw: How to Recover Costs and Get the Most Out of Your Technology

Nextpoint, Inc. on

Recovering discovery-related costs from clients can be a challenging feat for many law firms. There are several schools of thought on how attorneys should deal with costs that are incurred while working on a client’s behalf,...more

Gray Reed

How to Select a Tax Attorney

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Understanding the IRS and the tax laws is very difficult and confusing.  When a taxpayer has a tax controversy matter with the IRS, selecting a tax attorney may be just as confusing and complicated.  Not all attorneys are...more

Firesign | Enlightened Legal Marketing

What Small Businesses Want and Need From Lawyers

Much of the legal industry buzz is devoted to large corporate clients with robust legal departments – but this disproportionate share of voice does not reflect the state of American business, nor the state of many law firms’...more

LawVision

Pricing and Profitability During Uncertain Times

LawVision on

Industry events related to the Covid-19 pandemic continue to unfold before our eyes. But law firms and other businesses soldier on (mostly from our remote offices) to support and serve our valued clients. Maintaining a...more

LawVision

2020 Rates and Pricing Analytics Flash Survey

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We invite you to participate in the 2020 Rates and Pricing Analytics Flash Survey by LawVision and Clocktimizer. LawVision and Clocktimizer are conducting a 2020 Rates and Pricing Analytics Flash Survey. This survey assesses...more

Ballard Spahr LLP

Key Takeaways From the True Value Partnering Institute (TVPi) Intersect 2020

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Last month, I had the pleasure of attending the sixth annual True Value Partnering Institute (TVPi) conference in Miami. TVPi is a consortium of pricing and legal project management professionals who meet regularly to discuss...more

Casetext

A Robot Walks Into a Courtroom

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Today we are honored to present our conversation with Richard Susskind, one of the worlds leading intellectuals on technology in the law and the future of work. Dr. Susskind is also the author of some of the best-known books...more

Baker Donelson

Matter Budgets Matter: A Case Study You Can Take to the Bank

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All attorneys, whether in a small or large firm, are feeling the pressures of client demands for controlling costs. Most attorneys are more than willing to provide the client with their best guess of the potential cost of a...more

Shumaker, Loop & Kendrick, LLP

Client Alert: A Business Person’s Guide to Attorneys’ Fees in Transactions, Research, and Litigation

The thought of attorney’s fees can strike fear in even the most brave and confident business person. This is because the law is one of the few fields where you may ask for services and agree to pay for them while not knowing...more

Proskauer - Minding Your Business

Defense Funding: The Next Frontier for Litigation Financing

Litigation funders are well aware that half of the potential market is largely untapped. Clients would prefer to focus on their business rather than litigation, and offload some or all of their defense costs to a third-party....more

LawVision

2019 Pricing Survey

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We invite you to participate in the 2019 Pricing Survey by LawVision and Peer Monitor....more

WilmerHale

The Art of Projecting Budgets for Litigation Alternative Fee Arrangements

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Predicting the future has become a critical skill for lawyers—at least when it comes to budgeting for case work. Clients want as much certainty as possible for planning and allocating legal expenses, which inherently carry...more

Timothy Corcoran - Corcoran Consulting Group

Pricing Legal Work is a Two-Way Street

In any market, effectively pricing any goods or services requires an understanding of the buyer’s perceived value. When the buyer has no idea of the value of a given task, and no idea how to measure the quality of service...more

WilmerHale

5 Questions To Ask Before Entering Joint-Representation AFA

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One growing trend is for clients to enter into alternative fee arrangements in which one law firm represents multiple parties who “share” fees and costs in a related matter. For example, a law firm might represent...more

WilmerHale

5 Questions All AFAs Should Answer Clearly

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There are numerous ways in which the terms of an alternative fee arrangement are documented, ranging from a simple email exchange between client and outside lawyer to lengthy addenda to the retention agreement. While no...more

WilmerHale

5 Questions Firm Should Ask Before Approving Litigation AFA

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Alternative fee arrangements provide great opportunities for law firms to partner with clients and strengthen relationships. However, not every matter may be appropriate for an alternative fee or in the law firm’s best...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Stressing Value is a better proposition than stressing cost

Retirement plan providers need to look at their fees and determine what work they are doing for their retirement plan clients because like me, they may try to break down their plan expenses into a day rate and try to figure...more

WilmerHale

5 Questions To Ask Yourself Before Submitting A Litigation AFA

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In this third article in our series about alternative fee arrangement proposals, we discuss five questions that outside lawyers should be able to answer for themselves before submitting an AFA proposal for a litigation matter...more

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