Burcher Jennings

Burcher Jennings offers a comprehensive portfolio of specialist pricing & costs related services tailored exclusively to the needs of modern law firms.

[Richard Burcher @Richard_Burcher]

Even after a rate hike, the firm said its billing rates were still desirable because of how they compare across its office markets. https://t.co/BHGK2incds

[Richard Burcher @Richard_Burcher]

On one hand, you hold your law firm’s needs. On the other, client expectations. In the balance lies your firm’s financial performance – your chief responsibility as a finance officer.   https://t.co/lRAPyaXrXe

[Richard Burcher @Richard_Burcher]

Spot on @duncanhannigan.

Legal Pricing Director - https://t.co/eOFJpvudzp - the cloud-ready latest generation of legal pricing software built by lawyers, for lawyers.

The perfect accompaniment for Thomson Reuters Elite firms.

#…https://t.co/FOo2qYs3Gt https://t.co/N378jCjJwS

[Richard Burcher @Richard_Burcher]

An unpredictable economy and tough deal market is requiring some alternative structures to make both client and firm whole. https://t.co/vL757gmWvT

[Richard Burcher @Richard_Burcher]

Law firm marketers have boundless energy around pitches and RFPs — pro and con.  https://t.co/pudERhdazX

[Richard Burcher @Richard_Burcher]

Interview with Charlotte Johnstone at https://t.co/LNbCB9tlWi International

UK lawyers, consultants and GCs all agree cost pressures are causing clients to push for discounts, fixed fees and delayed payments, but others say there…https://t.co/lHSRS2saxQ https://t.co/UZVCcO4m9r

[Richard Burcher @Richard_Burcher]

With the Virtual Pricing Director Pricing Espresso® we aim to bring you your pricing 'shot' - some of the most interesting, thought-provoking and informative material we can find globally which will be of interest, relevance and he…https://t.co/G17yR1OuHL https://t.co/XfyCM5OE5t

[Richard Burcher @Richard_Burcher]

Everyone hates RFPs. Clients. Law firms.

And now clients are changing how they use them. They are not.

Like so many things arising from the pandemic era — we are looking at extremes. Only 11.2% of clients are preparing to issue a…https://t.co/NscuuVsaej https://t.co/WyiXtv603I

[Richard Burcher @Richard_Burcher]

"The top 200 firms should hold back on raising rates to fill their shortfall for 2023, as clients are watching and weighing alternatives," recommends a new report. https://t.co/UtzFzXTjhS

[Richard Burcher @Richard_Burcher]

The world of legal pricing is a specialist field. Once seen as a peripheral appendage to the finance function, the best performing and most successful firms have correctly concluded that much more is required....

1) It deserves specialist people which is…https://t.co/PATtnBDTPt

[Richard Burcher @Richard_Burcher]

Practical tips on improving your law firms profitability in volatile times.

A great summary of very practical steps all firms can and should take, from @philnixonllm at Thomson Reuters Elite.

Arguably, the times our work at Valid…https://t.co/azLptSHSKM https://t.co/R5zuyUTwzy

[Richard Burcher @Richard_Burcher]

If ever there was a time for clients to make good on their threats to boycott excessive law firm rate hikes, it's now. https://t.co/AtszhVwxAM

[Richard Burcher @Richard_Burcher]

Law firms warn of tougher fee negotiations and payment delays...

Financial Times
Kate Beioley https://t.co/WckbMhGfTz

[Richard Burcher @Richard_Burcher]

"The reason we challenge something like that is because ... that's a lot of money," said Michael J. Neimand, counsel for United Automobile Insurance Co. https://t.co/RsNa8I3vZY

[Richard Burcher @Richard_Burcher]

"It's a good system for people that want to work hard, and want to put in the time," one of the firm's founding partners told https://t.co/LNbCB9tlWi. https://t.co/ZAzHygvbSp

[Richard Burcher @Richard_Burcher]

The firm increased its billing rates this year and last year, said the firm's leader, noting Quarles has been a bit too modest on rates compared with its peers. https://t.co/52A14q9jyw

[Richard Burcher @Richard_Burcher]

Some 27% of law firm timekeepers saw no increase, while 13% saw average rates go down. https://t.co/jJIu09hvVl

[Richard Burcher @Richard_Burcher]

"Rate increases are not, as the defeatists would argue, always inevitable and always inevitably high, although they are more likely to be both in the case of a buyer with a lackadaisical approach to rate management," according to a…https://t.co/EvuN0Xt69C https://t.co/kigYGC9r8Y

[Richard Burcher @Richard_Burcher]

Some rate increases last year were "shocking at the high end," according to a new rate report, noting about 15% of Am Law 100 firms increased their rates between 10% and 20%. https://t.co/POrDZ5P3lF

[Burcher Jennings @BurcherJennings]

MoJ reveals drawn out timetable for civil legal aid review