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Billed to Last: Pricing Models for Law Firms
May 21, 2021
Virtual
Programs
Billed to Last: Pricing Models for Law Firms
May 21, 2021 12:00 PM-1:00 PM
Hourly billing has been the norm for law firms since . . . forever. And, despite calls for the death of the billable hour, many law firms still utilize hourly billing as their primary model. That does not, however, mean that there are no alternatives. Different billing models exist and are viable -- even if law firms utilize those in conjunction with the traditional option.
At the very least, you should know what your options are, as more legal consumers demand price certainty.
Specific topics to be addressed in the presentation include:
• alternatives to hourly rates
• talking to clients about fee structure
• invoicing options
Speakers
Jared Correia
Jared D. Correia, Esq. is the founder and CEO of Red Cave Law Firm Consulting. Red Cave offers subscription-based law firm business management consulting services for law firms, bar associations and legal organizations. Red Cave also works with legal vendors to develop programming and content. Jared is also the COO of Gideon Software, Inc. Gideon offers chat and scheduling software built exclusively for law firms. A former practicing attorney, Jared has been providing services to lawyers and law firms for over a decade. He is a regular presenter at local, regional and national events. He regularly contributes to legal publications, including his column, ‘Managing,’ for Attorney at Work. Jared is the host of the award-winning Legal Toolkit podcast on Legal Talk Network. Jared has also taught for Concord Law School, Suffolk University Law School, Solo Practice University and Becker College. He loves James Taylor, but respects Ron Swanson; and, he tries to sneak Rolos when no one is looking.
For more information about Jared, visit Red Cave’s website and/or Gideon’s website, his LinkedIn account, his Twitter account or contact him directly at jared@redcavelegal.com.