- For the Public
- Practice In Wyoming
- Admissions
- Events
- Nonmember Practice Sections
- Member Benefits
- A+ Conferencing
- ABA Retirement Funds Program
- ALPS – Malpractice Insurance
- Clio
- Cosmolex
- Decisis
- ELFI
- Enterprise
- eHome Counseling Group
- Expedia
- Gavel (formerly Documate)
- Hertz
- Identillect
- LawPay – Credit Card Processing
- Level 3 Communications
- MyCase
- Office Depot
- Red Cave Law Firm Consulting
- Solo Practice University
- Staples Business Advantage
- Verizon Wireless
- vLex Fastcase
- Lawyer Resources
- Well-Being Resource Page
- Attorney and Law Firm Risk Management
- Attorney Surrogate Designation
- Client File Retention
- Disciplinary Process
- Ethics Help
- Free Meeting Space with Video Conferencing Capabilities
- Judges’ Bench Books
- Law Office Self-Audit Checklist
- Mentor Outreach Program
- Notary Service
- Pattern Jury Instructions
- Planning Ahead: Succession Planning Guide
- Practice Sections
- SOLACE Program
- Trust Account Information
- Wyoming Lawyer Assistance Program (WyLAP)
- Wyoming Law Review
- Pro Bono
- Modest Means Program
- Join Lawyer Referral Service
- Board/Committee Expression of Interest Form
- Job Bank
- CLE
- News & Publications
- Store
- About Us
- Members
The Price Is Right: Why & How Creating a Rate Sheet is the Most Important Thing You Can Do for Your Law Firm
September 23, 2024
Virtual
Programs
The Price Is Right: Why & How Creating a Rate Sheet is the Most Important Thing You Can Do for Your Law Firm
September 23, 2024 1:00 PM-2:00 PM
It’s a small act; but, perhaps the most important thing you can do for your law firm is to create and maintain a rate sheet. A rate sheet is simply a list of all your prices for legal services and products. But, building one generates a lot of important knock-on effects for law firm owners, which might not materialize otherwise.
Without a rate sheet, you can’t make a single prediction respecting your law firm revenue in the future – it’s also tough to establish a viable time capture and billing model, in the present. The worst thing that you can do is wing the pricing conversation because it will inevitably lead to yawning discounts, leaving you running a ‘low bono’ practice.
So, make what you deserve as a law firm owner. Attend this useful session to figure out how to build and maintain a viable pricing scheme for your law practice.
Topics to be addressed include:
• Revenue projections
• Pricing and scope options
• Billing strategies
• Invoice generation & collection
• Law firm pricing strategies
• Consumer impressions of law firm pricing
Speakers
Jared Correia
Jared D. Correia, Esq. is a former practicing lawyer, who has been a business management consultant, exclusively for law firms, since 2008. In that time, Correia has worked with 1000s of law firms, all over the world, ranging in size from solo offices to Big Law firms. He is an internationally recognized legal technology expert. Correia is the founder and CEO of Red Cave Law Firm Consulting, which offers services directly to lawyers, as well as through bar associations, for member attorneys. Correia has been the host of the Legal Toolkit podcast on Legal Talk Network, since 2009. He is also the host of the NonEventcast podcast for Above the Law, as well as a frequent contributor to its NonEvent legal technology hub. Correia is a regular presenter for legal organizations and often writes for law firm business management publications.