Open Brainstorms

Most lawyers charge clients a contingency fee or based on an hourly rate. What are some new ways to bill clients?

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Brainstorm Info
Created:about 17 years ago
Activity:9 months ago
Brainstorming Tips: Focus on generating a high quantity of ideas. Don't judge ideas. Invite other people to add ideas.
New Idea: 500 Characters Left
I am Currently looking for business partnerships to invest in. I have available investment capital, and am looking for any investment opportunities to invest in as a silent partner, I am looking for long term partnership investments which have a good profit margin. I am open to any kind of investment or business funding. Interested business owners should feel free to write me on ([email protected])
Charge based on results, not actions.
Law firms could tie up with financial institutions and work with a loan repayment type scheme or provide this facility themselves - GCF
Lawyers could operate like other businesses and charge flat fees for production work, they'll make more profit if they are more efficient and less if they aren't
They could negotiate the total fee based on what they really have to do for a client