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Fees

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Fees 2014

Published March 2014

Maintaining both competitiveness and profitability while pricing requires law firms to tread an ever-finer line in today’s legal profession. Latin Lawyer’s annual survey of Latin American law firm fees and pricing strategy provides data and analysis to benchmark your firm in this area.

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Latin Lawyer’s 4th annual fee survey - Survival of the fittest
Latin Lawyer’s 4th annual fee survey - Survival of the fittest

Latin Lawyer’s 4th annual fee survey - Survival of the fittest

10 April 2014

Latin Lawyer’s fourth annual fee survey generated more interest than ever – suggesting that pricing strategies are at the forefront of law firm leaders’ minds. Rosie Cresswell reports on rates around the region and the pressure to provide alternative fee solutions

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Latin Lawyer’s 4th annual fee survey - Behind the numbers

10 April 2014

Nowadays, the final bill presented to a client is rarely a straightforward tally of hours completed by the team multiplied by the lawyers’ rates, but the hourly rate is still used as a starting point for costing and negotiating. It also offers a benchmark to examine fees across the region – not least because the complex way in which they are set makes direct comparisons so difficult.

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Doing the maths

10 April 2014

Without making serious investments in pricing software, making the fixed fee profitable is no easy feat – even for those with a head for figures. We consider the steps towards devising an effective pricing strategy