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
ROI Calculator
Interact with our ROI Calculator to compare an hourly project with an AltFee project, and you’ll discover:- what the firm-wide impact could be annually
- how much your firm could financially benefit on a single matter