Make More Rain : alternative fee arrangements, retainers

Know Your Alternatives: The Never Ending Series

RussHaskin — Thu, 05 Nov 2009 20:38:00 GMT

I realized when I started this series that hypothetically it could go on forever. In previous posts, we have discussed fixed fees, capped, fees, contingent work, value based pricing, retainers, and other alternatives to the standard hour arrangement....(read more)

Thoughts on the ACC/Serengeti Managing Outside Counsel Survey

MichelleStPierre — Thu, 22 Oct 2009 18:16:00 GMT

The 2009 ACC/Serengeti Managing Outside Counsel Survey , as reported at Association of Corporate Counsel's annual meeting this week in Boston , has some interesting notes which are relevant to what we've been blogging about lately: Predictability...(read more)

Know Your Alternatives: Retainers - Using an Old Friend

RussHaskin — Fri, 16 Oct 2009 19:26:00 GMT

The reality is that the majority of firms have concerns when it comes to their billing and collection practices. There is a lag in activity and that causes a loss in realization and an opportunity lost for re-investment (Time Value of Money.) That said...(read more)