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Browsing the 'Attorney Fee Setting' category

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Raising Your Rates for Existing Clients

Wednesday, December 16th, 2020

With a new year on the horizon, you may be thinking about how you can raise revenues. It’s common to consider upping your hourly rates or flat fees annually, but […]

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Business Law Firms Need R&D Departments to Increase Profits

Wednesday, December 9th, 2020

Many businesses formally invest in research and development (R&D) to improve products and services and to stay competitive. This is, in many ways, an unremarkable notion, but law firms have […]

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The Right Way to Communicate High Hourly Rates

Wednesday, November 4th, 2020

When you charge higher hourly rates than most of your competitors, it’s important to understand how you can effectively justify this number to prospective clients. The first rule of quoting […]

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The Wrong Way to Raise Rates

Wednesday, January 29th, 2020

As the new year begins, you may be looking to increase fees for your legal services. All too often, lawyers who charge by the hour include the higher rates in […]

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How to Avoid the Most Common Fee Setting Mistake Made by Lawyers

Monday, February 29th, 2016

A lawyer recently asked me whether she should accept an offer from a potential client to take on for $50,000 a lawsuit against a large entity that has a substantial […]

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