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Computer Sience Questions Answers

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Subject
Computer Science
School
New England College of Business and Finance
Type
Homework
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COMPUTER SCIENCE
Name
Institutional Affiliations

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Lawyers are changing their pay structures. It used to be that they would bill hourly (top
dollar for top lawyers, less experienced helpers had cheaper rates). Now they’re beginning
to price like consultantsper project. Thus they must begin assessing the value-added to
the client firm of the legal expertise and assistance. What advice would you give a law firm
to proceed fairly and profitably?
As the law firms have increased their pay structure, it’s the additional service which must
be weighed to the customer firm of the lawful knowledge and support in a fair and profitable
way. This can be done by understanding your ideal client journey, designing prices ,fees and
rates with client in mind, managing client communication, drafting client legal documents in a
reader friendly way and getting feedbacks from clients and improving their experience.
Fairness in law firms comes in where administrative decisions of the law firm are made
using fair and open procures which go hand to hand with the decision being made and its social
context, institutional and statutory with an opportunity for those affected by the decision to
forward their views and evidence. Profitability in law firms is managerial task that influences
management strategic decisions. This all depends on how much business they bring to the firm
and this may not consider fairness since business is always getting clients and follow ups may be
difficult.
Client satisfaction is necessary for any business that need to grow and law firms are not
an exemption. This means proceeding fairly is the way to go since client needs will be well taken
care of and a satisfied customer will always come back and refer more clients and the firm
profitability will be achieved as well.

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COMPUTER SCIENCE Name Institutional Affiliations Lawyers are changing their pay structures. It used to be that they would bill hourly (top dollar for top lawyers, less experienced helpers had cheaper rates). Now they’re beginning to price like consultants—per project. Thus they must begin assessing the value-added to the client firm of the legal expertise and assistance. What advice would you give a law firm to proceed fairly and profitably? As the law firms have increased their pay structure, it’s the additional service which must be weighed to the customer firm of the lawful knowledge and support in a fair and profitable way. This can be done by understanding your ideal client journey, designing prices ,fees and rates with client in mind, managing client communication, drafting client legal documents in a reader friendly way and getting feedbacks from clients and improving their experience. Fairness in law firms comes in where administrative decisions of the law firm are made using fair and open procures which go hand to hand with the decision being made and its social context, institutional and statutory with an opportunity for those affected by the decision to forward their views and evidence. Profitability in law firms is managerial task that influences management strategic decisions. This all depends on how much business they bring to the firm and this may not consider fairness since business is always getting clients and follow ups may be difficult. Client sat ...
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