Archive for the ‘fees’ Category

so long referral fees, hello marketing fees

So we have the news today that referral fees in PI cases will be no more, and by Easter 2012. Not long for the workarounds to get underway. Just what will the impact be, for the existing claims managers, the PI lawyers currently at the end of the foodchain, and the wider legal industry? Well, […]

additional income generators #1

In the challenging market we all find ourselves in, sources of new income are always on the agenda.  One recent development in the UK market which has caught legal edge’s eye are the online legal answers portals which are emerging. Many of the new entrants to the legal services market are spending a lot of […]

client delighters #1: tiered legal services

Developing new client-centric products Its worth any legal practice spending some time investigating the types of consumer centric products which are emerging into the legal services market place.  They are grounded in detailed market research and generally developed by large existing commercial organisations who can draw on their resources and scalability.  That is not to […]

Conveyancing is dead, long live conveyancing?

According to the Law Society Gazette this week, the impact of Lloyds volume based threshold for membership on their conveyancing panel has resulted in approx 2,500 firms being dropped – that’s approximately 1/3 of all firms dealing with conveyancing. So, another nail in the coffin of high street conveyancing. Removal from major lenders’ panels, effectively […]

the hourly rate: going going gone?

Fees are back on the agenda again this week with the announcement from Cameron McKenna that they have launched an alternative billing campaign for existing and future clients; including an option for clients themselves to decide how much they want to pay, based on their perception of the value of the services they receive. Its […]

abs ABSs advertising alternative business structures back office bespoke BPO brand business link case management clc clients conveyancing delegation fees health and safety hourly rate innovation insurance IT ken clarke latent market Law Society Gazette lawyer displacement lawyers legal lenders linkedin liverpool law society Lloyds LPO lsa management open-source personal injury podcast practice sales scanning service solicitors sra tiered legal products training workflow