Valorem - One of the Original Litigation Law Firms Offering Alternative Billing Arrangements That Work
The economy has been a disaster for long enough to know that this is not just a momentary "blip." The pressure on law departments to reduce expenses is greater than ever before, but the volume of litigation has not diminished.
As the Wall Street Journal pointed out on the front page of the August 24, 2009 issue, the billable hour is "under attack" as in-house lawyers are realizing that they need more control over their litigation spend. As a result, using the 8 most dreaded words ("because that's how it's always been done before") to defend how your company is handling its outside counsel spend is no longer working. It's time for a real solution, a firm that can help law departments reduce their litigation expenses while achieving the results they want to achieve.
Valorem (meaning “value” in Latin) was formed in January 2008 by BigLaw Refugees who are helping clients experience something revolutionary -- elite representation, results-driven, non-billable-hour fee options, and the use of business tools to make your job easier. Given that we opened our doors before the economy went south, you could say that we saw the writing on the wall before most lawyers even saw the wall! We listened to what clients wanted and designed our firm accordingly -- unlike the BigLaw firms who are all claiming that they too embrace alternative fees and value billing.
If you are content with lawyers who boil the ocean to make a cup of tea, wrong website, wrong firm. But if you want lawyers who focus on the results you care about, putting their own skin in the game, you are in the right place. And if you don’t feel we’ve made your life easier or focused on your end-goals, you should take advantage of the Value Adjustment Line included on every invoice. Do your current firms invite you to adjust their fees on every invoice?
Different? Definitively. And better. For you.
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On each bill, we include our agreed upon fee. We also provide you a space to make any adjustment that you feel is needed (see the picture to the right). It really is that simple. 