Reference

To support law firms, the initiative “Deutscher Vergütungsrat” (“German Compensation Committee”) has the stated goal of establishing a platform for constructive discourse about different compensation and billing models, develop best practice guidelines for pricing transparency, and publish a codex (“Remuneration Codex”), which attorneys and partnerships can use to certify themselves. The initial focus of the initiative will be on the legal market, but there are plans to expand into other fields of professional services.

verguetungsrat.de