661–670 of 734 posts
We're working on a startup to bring all together into a modern search engine. It's called UpCodes.
There's a lot of space in the area of construction compliance that needs improving.
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Can't they still bill whatever they want? If 10 hours of proofreading, form filling, photocopying, and filing would be billed for $1500 (10 hours x $150 an hour), couldn't they still charge $1500 if the software took 80 milliseconds to do the same job? Oh, the clients expect an itemized bill? Simple, the above charges would be "10 legal intern equivalent hours @ $150/hour". If a client questions it, the lawyer can ex…
I think the problem is one of mindset. From my perspective, even looking at accountants. Their industry and the clients they serve think that they are selling their "time", and not a service by itself. So, reducing the time it takes the lawyer/accountant to do something simply means less time being billed. It does not mean that they can now charge "more" for the time, as the cost per unit of that expert's time appear…
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Exactly. The legal industry predominantly uses hourly billing and making up "equivalent hours" would be extremely unethical. It's part of why I encourage everyone I know (particularly developers) to switch from hourly to fixed-price billing. Any efficiencies you gain should belong to you, not the customer. (There's also the fact that I find a lot more people are willing to pay $10k for X than $250/hr for 40 hours.)
The problem with fixed price as a developer is that rarely are requirements exactly understood or detailed enough to actually be able to bid the job. "Export to PDF" ok.. no problem -- that then turns into: "can you add page numbers? Can you support A4 - and US letter sizes?" And you have scope creep-- one more little thing isn't reasonable to say no to, however it quickly becomes a death by a thousand paper cuts. Ok…
The problem with hourly billing is it very poorly aligns incentives. It actually discourages efficiency because the easiest way for me to make more money is to take longer.
Also, psychologically, most clients are not comfortable with the vast differences in appropriate pay between developers. Even in the worst case (where scope was poorly defined and/or I estimated poorly), I'm making more now than I ever did with hourly billing.
If you had a monopoly on modern farming, it would absolutely make sense to charge $40 for corn. You'd soak up all the demand (since you're undercutting the $80 hand-harvesters) while still having massive profit margins.
Getting good at scoping is difficult but by no means impossible.
A family member is a lawyer in the Worker's Comp, SS, and Family Law space. THE software for lawyers in this space is called A1 Law. It solves a lot of real problems lawyers in that space have (form letter generation, calendar integration, case management)... but it's so slow to use new technologies. They advertise PalmOS integration. My family member has to have their own server in a closet running the server versio…
I do embedded Linux porting. The big job is writing drivers and building the device tree. This would be so much simpler if schematics could be annotated with scrapable clues about pin connections and device parameters (e.g. device tree fragments). Its all derivable from the schematic and chip specs, but that part could be automated almost completely. It would put me out of a job, but better than shooting myself in th…
As a structural engineer, I see a good opportunity to make reinforced concrete design software available in a SaaS format. The competition is outdated, clunky, requires local installation and messing about with licenses. Design firms are paying $1000-$3000/year per user/seat for what amounts to a pretty basic app. Unfortunately, there are very few people that understand both computer science and structural engineerin…
A fellow structural engineer here. I think that there's little room for innovation in the "calc" area. The cost of doing calcs is a small fraction of the overall budget of a structural project. Modeling/drawings is where it's at. The analysis/design toolset of a structural engineer (the FEA/design programs) hasn't changed in essence since the 80's outside of drafting/modeling, and for good reason: the marginal cost o…
The plan is to link CAD to the mathematics and then link the finite element to this as well. The system would also function as a sort of github for engineering where users can find and use functions to do most standard analysis. Email is in my profile if anyone is interested in talking.
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No, none of the sites you mentioned solve the problem I posed. Bigspeak, Keppler, Eagles Talent, and Celebrity are bureaus and function in a traditional way. Espeakers and SpeakerMatch are essentially speaker directories -- they make money from speaker's paying them a monthly fee or in a lead gen style. Orate.me is new to me, I haven't seen it before. In a cursory look at their site, it looks like their speaker list…
It seems like the bureaus are the marketplaces; you just don't like their model for pricing and acquiring talent.
During the 2008 election, Rudy Giuliani was running as a Republican nominee. When his financial disclosures came out, he surprised everyone with how much he made on the speaking circuit. News orgs filed FOIA requests to see what universities and public institutions paid him to speak.
For some events, he'd speak in the same city to different groups. The price each group paid was wildly different (+/- 50k). The meeting planners hit the roof.
Speakers bureaus do not view meeting planners as their clients, the speakers are.
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The entire Real-Estate industry is ripe for disruption. Exactly why are we paying 6% to "agents"? What are "agents" actually doing? 10+ years ago the need for "Real Estate Agents" was there as information was not readily accessible. Things like "what kind of area is this property in", "what are schools like" "what are prospects for this area 5 years down the road" and so on. All this information (and MUCH more) is cu…
The entire Real-Estate industry is ripe for disruption. Exactly why are we paying 6% to "agents"? https://www.redfin.com/ is already doing this. They charge half the normal fee if you're selling and they give about half of their fee to you after purchase if you're buying. (We bought our house with them.)
Earlier quoted context omitted.
Exactly. The legal industry predominantly uses hourly billing and making up "equivalent hours" would be extremely unethical. It's part of why I encourage everyone I know (particularly developers) to switch from hourly to fixed-price billing. Any efficiencies you gain should belong to you, not the customer. (There's also the fact that I find a lot more people are willing to pay $10k for X than $250/hr for 40 hours.)
The problem with fixed price as a developer is that rarely are requirements exactly understood or detailed enough to actually be able to bid the job. "Export to PDF" ok.. no problem -- that then turns into: "can you add page numbers? Can you support A4 - and US letter sizes?" And you have scope creep-- one more little thing isn't reasonable to say no to, however it quickly becomes a death by a thousand paper cuts. Ok…
If a customer demands additional features, you prepare a Change Order and say, "OK, here is how long it will take and how much extra it will cost."
After a while they learn discipline and stop asking for changes half-way (or more) into the project.
Here is another perspective: the vast majority of features I've build as part of Change Orders rarely, if ever, got used. Granted, I make sure all relevant stakeholders are involved in the creation of the initial Scope of Work. That way, there are no late-comers who demand changes/additions.