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This book is now Out of Print.
A new edition has been published, the details can be seen here:
High Impact Fee Negotiation and Management for Professionals: How to Get, Set, and Keep the Fees You're Worth 2nd ed isbn 9780749477387

High Impact Fee Negotiation and Management for Professionals: How to Get, Set, and Keep the Fees You're Worth


ISBN13: 9780749467692
New Edition ISBN: 9780749477387
Published: September 2013
Publisher: Kogan Page Ltd
Country of Publication: UK
Format: Paperback
Price: Out of print



With increasing pressure on margins, growing international competition and a rise in tough procurement practices, the pressure on professional service firms (PSFs) and their professionals has never been higher. If you want to be able to charge the fees you know reflect the value you bring, you need the high impact, practical guidance that this book offers. You can learn how to apply a powerful, consistent approach to make sure the 'golden triangle' of setting the price, getting the price and keeping the price works in your favour. You can develop a strategy to enhance the profitability of your engagements through pricing, fee structuring, scoping, and negotiating. You can understand the key steps management need to take to embed supporting processes and the appropriate culture. Expert negotiator, PSF consultant and trainer Ori Wiener's invaluable guide gives you the skills, tips and techniques that have been proven to deliver results.

Subjects:
Legal Practice Management
Contents:
Chapter - 01: What is different about buying professional services?
Chapter - 02: Why professional service firms are different
Chapter - 03: The challenge of pricing PSF work
Chapter - 04: Generating value with fee structures
Chapter - 05: How to deal with procurement - the importance of scope
Chapter - 06: Raising the institutional game
Chapter - 07: Preparing for fee negotiations
Chapter - 08: Critical first steps: planning
Chapter - 09: How to raise your negotiation success: deliver a credible opening
Chapter - 10: Act 2: Managing the flow of concessions to capture value
Chapter - 11: Act 3: Locking in gains through effective closing
Chapter - 12: Creativity - the ultimate negotiation skill
Chapter - 13: Having another go at squeezing the lemon: advanced techniques and approaches
Chapter - 14: Managing a PSF project profitability