NexaConnex: your questions answered
Our freelance lawyer service for law firms launched early last year. Since then, we’ve supported many clients to overcome capacity and skills challenges, both short and long term.
Our flexibility means we can tailor packages to suit our law firm clients and ensure we are delivering what they need, in a way they want it, at a price which provides great value.
So, if you are a law firm considering NexaConnex, what are your options?
How does the relationship work?
Your agreement will be with Nexa Law Limited, our SRA regulated entity. There are four ways in which we can support you:
How do we manage work day-to-day?
With our secondment or white label arrangements, Nexa lawyers are consultant members of your team and have direct contact with clients as well as full access to your practice management and time recording software.
Under outsourced and referral arrangements, our lawyers work independently, using Nexa Law’s own systems and do not have access to your IT. Work may be limited to drafting advice, preparing documents and instructing experts so there is no direct contact with the ultimate client. Their work will be supervised by a partner at your firm.
What’s the risk management and liability situation?
Work carried out by Nexa lawyers is insured by Allianz under its professional indemnity policy with Nexa Law Limited. Our law firm client is protected by this policy.
Nexa lawyers follow either Nexa’s or your own risk management procedures dependent upon which of our support options is put in place.
How does pricing work?
Secondment support: An agreed daily rate for each of the lawyers working with you. This rate varies according to the experience and level of expertise of the lawyer, the practice area, the complexity of the work, and the level of demand for lawyers in that practice area.
White label support: An hourly rate is agreed for each lawyer or lawyers who are supporting you. Lawyers will record their time on your system, and you will report to us bi-monthly how much time has been spent by each lawyer; we will then raise an invoice to you.
Outsourced support: Again, an hourly rate is agreed, and we will work with you to determine the estimated number of hours for each project on which our lawyers work. Alternatively, a fixed fee may be agreed for the completion of a particular piece of work. We will invoice you bi-monthly for the time spent or the agreed fee.
Referral support: We will agree a fee with the ultimate client and issue engagement documents and invoices to the client direct. We are happy to discuss pricing with you in advance to ensure that we have an approach to costs which is aligned with your firm.
How can we help your law firm?
To find out more about NexaConnex and how it could help you and your law firm, take a look at our brochure here.
Matthew Dunne & Daniel Jenkins, NexaConnex Leads and Nigel Clark, Nexa CEO