Ditching Hourly: Alternative Fee Arrangements for the Legal Industry

Digby R. Leigh rejoins Jonathan Stark, Founder of Ditching Hourly, to talk about alternative fee arrangements making inroads in the legal industry.

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  • Ditching Hourly: Alternative Fee Arrangements for the Legal Industry

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Long-time lawyer, second-time guest, and first-time SaaS co-founder Digby R. Leigh joins Jonathan Stark on his podcast Ditching Hourly to talk about alternative fee arrangements making inroads in the legal industry.

Talking Points

  • Pricing trends in the legal industry
  • The three most common non-hourly pricing models for law firms
  • The benefits of "agreed upon" up-front fixed fee pricing
  • What types of engagements aren't a good fit for fixed fee pricing
  • What to expect when clients know they can talk to you for free instead of “on the clock”
  • The internal attitude you need to beat back when you first ditch hourly billing
  • The importance of being helpful
  • The indignity of having to justify how you spend your time
  • The magic of The Why Conversation
  • The benefits of offering pricing options

 

Legal Industry Pricing Trends Report 2023

Surveying legal professionals across the world, the report showcases how AFAs are contributing to increased profits for firms, better use of technology, and better work-life balance and working conditions for legal professionals.