Production Number: Is There an Alternative to Legal Services?

Legal consumer habits are shifting under the feet of attorneys, and law firms, rooted in tradition, are feeling the pressure to reduce prices and overhead while increasing service.  Part of this legal consumer revolution involves the rise of DIY clients, who want to do more, without the involvement of lawyers, because they’re cost-sensitive.

Law firms responding to these pressure points are doing so in a number of ways.  More and more lawyers are installing subscriptions services (think: your Netflix account), and offering products in addition to services.  Everyone knows what subscription services are, but applying them to law firms is a relatively new thing.  Adding legal ‘products’ to your law firm menu (think: LegalZoom’s selling of documents) is something that law firms can do, but often won’t or don’t do — even if it’s a way to capture revenue from the increasing number of DIY legal clients who would never, otherwise, hire a law firm.

If you’re looking for more information about how to install product offerings into your law firm, or are interested in subscription services, check out my article on the topic, and this recorded webinar, to take a deeper dive.

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And, if you decide that now is the time to take a second look at your current pricing structure, don’t hesitate to contact us.

The Wyoming State Bar offers free law practice management consulting services through Red Cave Law Firm Consulting.

To request a consult, visit the Wyoming State Bar’s law practice management page, and start running your law firm like a business.

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