Frustrated general counsel and in-house team members make up a significant part of the audience at any legal tech conference, after years of hoping new tech would bring about broad acceptance of ...
The real threat isn't AI itself; it's clinging to a pricing model that punishes efficiency and rewards inefficiency at the precise moment when technology offers unprecedented opportunities to deliver ...
Our legal department is under pressure to cut costs and increase predictability. Should we ask law firms to move away from the billable hour? Most law firms are traditionally set up to bill by the ...
Traditional billing models like hourly and fixed-fee billing often fall short of delivering true value to clients. Misaligned incentives, lack of transparency, and a disregard for the actual value ...
CPAs who expand their services to include financial planning often find themselves facing a change in billing methods. However, deciding between different options and finding the right billing method ...
In the fall of 2004, my firm proposed financial advisory services to a creditor committee of a middle market manufacturer at the rate of $45,000 per month. The committee chose another financial ...
* A ratcheting per-kWh fee as you use higher and higher tiers of power - for my area, 0-800kWh is one per-kWh price, 800-2000 is another, and north of 2000 is higher. This maintains the "As you use ...