Innovation

In 2008 whilst acting as Head of Legal for an investment bank, Iain Sheridan developed  a Time & Complexity billing algorithm. This form of alternative legal fee billing calculates legal fees based on the type of work, its complexity and the notice given to complete the task. Time & Complexity billing was first published as an article in New Law Journal on 6 June 2008.

New Law Journal
“Since 2006, Lawyer Iain has made over 20 presentations in our Beijing headquarters. He provides valuable legal advice on English law.”
GC, Chinese Global Technology Group