Search for: "AFA SERVICE CORPORATION"
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16 Jul 2013, 2:00 am
AFAs and RFPs, PDQ Some clients have continued experimenting with Alternative Fee Arrangements (AFAs) and have expanded their use of Requests for Proposals (RFPs) in securing legal work. [read post]
22 Apr 2013, 9:22 am
Use of phase/task codes in the content management system (CMS) Budget/manager reports Where can the data be captured Who should monitor the data Summary: expected benefits better collaboration between Clients and Firm has allowed them to focus on true value has helped them with development of delivery and AFA law firms can put together much more meaningful AFAs and pricing BLG Adroit does this service free for clients; they believe this is the way of the future and how… [read post]
25 Feb 2013, 2:00 am
Corporations have begun to push back on the standard annual increase in lawyers' billing rates. [read post]
28 Jan 2013, 6:54 am
This is the definition of discount typically at issue in the corporate legal space: A reduction made from the gross amount or value of something: as from a regular or list price. [read post]
28 Jan 2013, 6:54 am
This is the definition of discount typically at issue in the corporate legal space: A reduction made from the gross amount or value of something: as from a regular or list price. [read post]
28 Jan 2013, 6:54 am
This is the definition of discount typically at issue in the corporate legal space: A reduction made from the gross amount or value of something: as from a regular or list price. [read post]
28 Jan 2013, 6:54 am
This is the definition of discount typically at issue in the corporate legal space: A reduction made from the gross amount or value of something: as from a regular or list price. [read post]
13 Nov 2012, 10:00 pm
Then, in 2008, two things happened: the economy declined, and the Association of Corporate Counsel announced its Value Challenge, mobilizing action around its declaration that “Many traditional law firm business models...are not aligned with what corporate clients want and need: value-driven, high-quality legal services that deliver solutions for a reasonable cost. [read post]
26 Oct 2012, 12:32 pm
How pricing and AFA works: 1. [read post]
26 Oct 2012, 12:32 pm
How pricing and AFA works: 1. [read post]
11 Oct 2012, 1:51 pm
Benchmarking: Most corporations in many services areas look at legal services and want to know what the rate of legal costs should be per dollar of revenue. [read post]
7 Oct 2012, 8:11 pm
That means more alternative fee arrangements (AFA) and more profitability analysis. [read post]
7 Oct 2012, 8:11 pm
That means more alternative fee arrangements (AFA) and more profitability analysis. [read post]
25 Sep 2012, 10:00 pm
” The firm has refined another innovative technique for using AFAs to bring in new clients with a type of antitrust proposal that is unusual for a large corporate firm. [read post]
23 Jul 2012, 11:28 am
Clients will differentiate based on service. [read post]
15 Jul 2012, 5:11 pm
Until 2008, demand for corporate legal services grew rapidly. [read post]
10 Jul 2012, 10:00 pm
It all started when Mark Williamson, the co-chair of the M&A practice and a member of the firm’s board of directors, attended a two-day Legal Service Management Workshop put on by the Association of Corporate Counsel. [read post]
10 Jul 2012, 7:28 am
However, we also found that the vast majority of both corporate legal executives and law firm partners expect the adoption of AFAs to continue to rise in the next five years. [read post]
24 Jun 2012, 6:53 pm
Last week the Association of Corporate Counsel (ACC) announced the 2012 ACC Value Champions, 12 winners of awards that recognizes “effectively driving value by cutting spending, improving predictability and achieving better legal outcomes. [read post]
12 Jun 2012, 10:00 pm
” A brief history of UTBMS According to the UTBMS web page,“In the mid-1990s major US law departments and insurers wanted to better understand the services provided by outside counsel…[Therefore], a joint group from The American Bar Association, the Association of Corporate Counsel and PricewaterhouseCoopers was formed to create a unified electronic billing standard. [read post]
