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Wyoming State Bar > Event
Monetizing Your Firm Through Alternative Business Models
December 19, 2024
Virtual
Programs
Monetizing Your Firm Through Alternative Business Models
December 19, 2024 12:00 PM-1:00 PM
Industry leaders have forewarned the “death of the billable hour,” but few have guided lawyers on what will replace it. In this session, you will:
- Learn how embracing alternative business models in your law practice can drastically increase revenue in ways the billable hour never could
- See how incorporating legal technology in key points of your practice can increase realization rates and repeat business in an ethical way
- Understand the benefits of various business models, including flat-fee, value-based, subscription, phase-based, unbundled, task-based billing and more
Speakers
Brittany Hernandez
Brittany Hernandez is a lawyer and the Head of Legal Innovation for Gavel. Gavel is the automation infrastructure for modern, scalable law practice. After practicing IP law and representing clients in the entertainment industry, she shifted her focus to how innovations in tech can be used to create solutions for both clients and lawyers after she invented the design and business model for an app that empowers film students and early-career filmmakers to access legal counsel fast and free while still paying lawyers at a competitive rate. Today, she helps other solo and small law practices harness the power and potential of advancements in tech to automate, innovate, scale, and diversify their revenue streams.