Home Office Lawyer: Value Billing - What is it, and how is it done?
Allison C. Shields has agreed to be a guest poster for a series on Value Billing at Grant Griffiths' Home Office Lawyer. Both of these blogs are very informative and well worth subscribing to..
The concept of value billing has been getting an increasing amount of attention in the legal community recently. Allison discusses some of the issues and clarifies some of the basics about value billing.
The series will be broken into three parts: in this post, she’ll cover what value billing is and how to set expectations with clients at the outset of the engagement. In Part II, she’ll talk about how you determine the fee using value billing, and how to use options and change orders. Part III will wrap up the series with guarantees and an overview of the elements of value billing
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