When participating in either the mediation or collaborative models Kenneth Pierce, MBA, ABV, CVA, MAFF offers flat fee pricing as an alternative to the traditional billable hour model.
Benefits of flat fee pricing include:
- Parties know the total cost of the engagement up front.
- By turning an unknown cost into a known cost parties can better budget for all of their professional expenses associated with their case.
- Flat fee pricing encourages open communication and an open exchange of information because the concern that new information will lead to new and more billable hours is removed.
- Neither the professional nor the parties are rushed to make any decisions – getting things done right is more important than getting things done as quickly and as cheaply as possible.
Kenneth Pierce, MBA, ABV, CVA, MAFF recognizes that every case is unique. Before doing any analysis Mr. Pierce will work with you to fully understand your needs so that his assignment is clearly defined and a customized flat fee arrangement can be created for you.