- Resources
- Ditching Hourly: Alternative Fee Arrangements for the Legal Industry
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
Popular
Recent
September 20, 2022
How to Determine a Lawyer Contingency Fee Average for Your Firm
May 24, 2022
A Complete Guide to Alternative Fee Arrangements
June 7, 2022
Realization Rate 101 For Law Firms
August 6, 2024
Fixed Fee Pricing vs. Hourly Billing