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High Impact Fee Negotiation and Management for Professionals

High Impact Fee Negotiation and Management for Professionals

How to Get, Set, and Keep the Fees You're Worth

Ori Wiener

£29.99

Offers the most comprehensive and practical guide available to help all professional services fee-earners ensure that they get paid exactly what they're worth.

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About the book

The pressure on professional service firms 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 High Impact Fee Negotiation and Management for Professionals offers.

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. Develop a strategy to enhance the profitability of your engagements through pricing, fee structuring, scoping, and negotiating. 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.


Table Of Contents

    • Chapter - 01: What is different about buying professional services?;
    • Chapter - 02: Why Professional Services 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: Impact of Style;
    • Chapter - 14: Impact of Culture and Gender;
    • Chapter - 15: Having Another Go at Squeezing the Lemon: Advanced Techniques and Approaches;
    • Chapter - 16: Managing a PSF project profitability;



Reviews

One of the very few books that provides pragmatic guidance on how to raise assignment profitability at professional services firms
Gareth Hughes, EMEA Head of Pricing, LPM and Analytics, Reed Smith

This is a robust, research-grounded and above all practical guide, mixed with evidence from a seasoned professional in the field. A really useful addition for partners in any professional services firm.
Mike Mister, Partner, Moller PSF Group Cambridge

Ori has been at the forefront of pricing and negotiation with PSFs for many years. He has a clear passion for, and understanding of, the complexity this area brings. This book will prove an invaluable guide to those seeking to navigate this increasing important area.
Stuart J T Dodds, Director, Global Pricing and Legal Project Management, Baker & McKenzie Global Services

A thoroughly well-researched and comprehensive book that tackles the difficult issue of how Professional Service Firms and their clients can best negotiate and agree prices. Ori really understands the realities of achieving better fees and better client relationships.
Kevin Doolan, Managing Partner, Møller PSF Group Cambridge

In increasingly challenging and competitive markets, this book provides professionals with invaluable guidance in a key - and neglected - area of their relationships with clients.
Anthony Angel, Chairman, 4C Biomed Inc, and former Executive Managing Director EMEA, Standard & Poor’s, and Managing Partner, Linklaters

Every partner and professional in a professional services firm should have a copy of this book and read it in detail.
Hartmut Papenthin, Managing Director Operations, CMS Hasche Sigle

A must-have for any professional serious about managing the dilemma between building relationships and charging appropriate fees. I wish I had read it years ago.
Anne Scoular, Managing Director, Meyler Campbell Coaching


Book Details

  • EAN: 9780749477387
  • Edition: 2
  • Published: 3rd February 2017
  • Paperback
  • Dimensions: 234x156
  • 280 pages

About the Author

Ori Wiener is a strategic business development consultant and executive coach to senior executives of professional services firms. He is regularly consulted on critical fee negotiations situations as well as delivering high impact fee negotiation and fee management development support. Ori founded GARA Consulting and co-founded the Møller PSF Group Cambridge, one of Europe's leading firms specialising in the support of professional services firms. He previously led global business development and marketing at Linklaters, and worked as an investment banker for S.G. Warburg/UBS and Lehman Brothers in London, New York, Frankfurt, Mexico and other locations. He has a unique combination of perspectives as a fee earner, client, insider and consultant to PSFs.


Ori Wiener