SOUTH BEND, IN, October 22, 2009
/24-7PressRelease/ -- A quick way to distinguish yourself from the pack is to be a lawyer who offers clients alternative fees. There is mounting pressure from clients - led by the American Corporate Counsel Association - to get law firms off the billable hour, and it's an opportunity for entrepreneurial lawyers.
Lawyers and marketers can learn how to capitalize on this trend by registering for the Webinar, "Alternate Fees -- Current Best Practices and Likely Trends" on October 29, 2009, at http://bit.ly/nqyKK The all-star panel of speakers includes Paul Lippe, Esq., Founder of Legal OnRamp, Jeffrey Carr, General Counsel of FMC Technologies, and Dan Currell, Managing Director, General Counsel Roundtable.
Early adopters are reaping the benefits of alternative fees, including firms large and small. "Particularly during challenging times, clients want to pay for results, not time," said faculty leader Larry Bodine, Esq. " They want predictable fees, not surprises. This has never been more important than today, when every dollar counts, and requires justification. Stakes are higher now."
Law firms can win new business and keep current clients if they master the ability to give a price quote for a legal assignment. Attendees of this LIVE webcast will learn how to wean themselves from the billable hour and explore blended rates, capped fees, fixed fees, retainers and success fees.
The primary benefit that you can offer that clients want is predictability. Clients see the billable hour method as a bottomless pit of costs that encourages inefficiency by lawyers. An over-budget legal fee wreaks havoc with corporate executives, whose compensation is tied to meeting their budgets.
A distinct advantage to lawyers offering alternative fees is the elimination of increasing overhead devoted to the billing process, clients flyspecking bills and demanding after-the-fact discounts, and delays in payments and falling realization rates.
The program is sponsored by Apollo Business Development web seminars and Legal OnRamp, the leading online social network for in-house lawyers. Speaker bios and details are online at http://bit.ly/nqyKK The registration fee of $300 covers as many people who can attend in a single room. For more information, contact:
Larry Bodine, Esq.
630.942.0977
Lbodine@LawMarketing.com
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