EPISODE · Apr 29, 2024 · 33 MIN
Pricing for the Modern Law Firms: How to Leverage Your LegalTech to Get Paid with Joyce Brafford
from Adventures In Legal Tech · host Jared Correia, Joyce Brafford
For the fourth episode of our special series with ProfitSolv, we discuss how to set rates for law firms + how to leverage legaltech to create a streamlined billing program with ProfitSolv's Joyce Brafford. [SPONSORED by RocketMatter] Episode Highlights 07:56 - Discussing law firm fee setting and market research. 12:44 - Strategies for resetting fees in existing law firms. 15:11 - Importance of law practice management systems. 18:34 - Subscription services and alternative billing models. 22:03 - Automating billing and payment collection. 24:55 - Managing accounts receivable and billing in advance. 27:01 - Dealing with LEDES billing and granular billing for insurance companies. 28:38 - Client perception on legal fees and building trust versus pricing. Episode Resources Connect with Jared Correia [email protected] https://redcavelegal.com/ https://www.linkedin.com/in/jaredcorreia https://twitter.com/RedCaveLegal www.linkedin.com/in/jaredcorreia/ Connect with Joyce Brafford https://www.rocketmatter.com/ https://www.profitsolv.com/
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Pricing for the Modern Law Firms: How to Leverage Your LegalTech to Get Paid with Joyce Brafford
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