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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|Created:||about 17 years ago|
|Activity:||9 months ago|
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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