Free Legal Webinar

Fixed Fees - Ditching the Billable Hour

Featuring Debra Bruce, President of Lawyer-Coach LLC and seat holder of the Law Practice Management Committee of the State Bar of Texas.

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Billing by the hour, though seemingly more profitable for law firms, presents a compounding conflict of interest between an attorney and their clients. For this reason, many lawyers celebrate the transition to a packaged flat-fee billing model — introducing predictability, incentive to make progress, and even a competitive advantage for their firms. With a little legwork and diligent planning, you can manage your finances in a way that fortifies your client relationships going forward.

Billing by the hour, though seemingly more profitable for law firms, presents a compounding conflict of interest between an attorney and their clients. For this reason, many lawyers celebrate the transition to a packaged flat-fee billing model — introducing predictability, incentive to make progress, and even a competitive advantage for their firms. With a little legwork and diligent planning, you can manage your finances in a way that fortifies your client relationships going forward.

What You'll Learn
The logistics behind making fixed fees work for your practice
Ethical rules that impact fixed fees
How to make fixed fees more profitable
How, why and when to involve your client in determining the fixed fee
Who Should Attend?

Law firms looking to align their interests with that of their clients to increase revenue and gain a competitive advantage.