Law firms face increasing pressure to move away from time-based billing, and numerous firms have relinquished the billable hour in favour of alternative fee arrangements. We explore why a flat-fee…
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Your Checklist for the Perfect Client Estimate
Savvy clients are increasingly seeking more predictability and transparency in billing, requiring firms to brush up on their costing skills. But beyond that, fee earners and firms can also benefit…
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7 Invoicing Best Practices Every Law Firm Should Master
Whether your law firm is large or small, incorporated or boutique, implementing these simple billing practices will help ensure you spend less time on accounting and more time servicing your…
Read more![What Do Manual Processes Cost Your Firm? [Infographic]](https://insight.thomsonreuters.com.au/legal/wp-content/uploads/sites/8/2019/06/Cropped-what-do-manual-processes-cost-your-firm-270x141.jpg)
What Do Manual Processes Cost Your Firm? [Infographic]
A lot of law firms still rely on manual processes for legal research, document production and workflow. Online research and automated legal technology solutions can save your firm valuable billable…
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Client Billing Models: Hourly Fees or Alternative Arrangements?
One of the biggest challenges in legal practice management is securing revenue. The basis on which firms seek fees from clients is a fundamental calculation, so it is worth considering…
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Will Alternative Billing Work for You? 4 Things to Consider
With increasing pressure from clients to provide greater value and transparency, many firms are offering alternative fee arrangements. But how can you determine which alternative billing structure is best for…
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Legal Project Management: Flying Forward
Roger Quick, one of Queensland’s leading legal costs experts discusses the Productivity Commission’s soon to publish, final report into Australia’s system of civil dispute resolution, which will include a study into the real costs of legal representation.
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The Cost of Accessing Justice: Roger Quick on Law Firm Billing [Whitepaper]
The Australian legal industry is currently under intense scrutiny, not least because of the level of demand for legal services and the often prohibitive cost of accessing justice. The Productivity…
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How to Gain Certainty in Legal Service Pricing
In a commercial environment where price certainty accompanies almost every other product and service on offer, it’s not difficult to see why clients expect legal services to follow suit.
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6 Simple Ways to Make Your Law Firm Profitable
In a competitive market where legal clients demand more for less, law firms need to become more efficient and maximise their billable time to generate greater return. There are simple ways…
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